With reference to the ‘Fully Accessible Route’ (FAR), consider the following statements:
1. Eligible Non-Resident Indians (NRIs) investors can invest in specified government securities without being subject to any investment ceilings.
2. This scheme shall operate along with the two existing routes, viz., the Medium Term Framework (MTF) and the Voluntary Retention Route (VRR).
Which of the statements given above is/are correct?