Consider the following statements regarding Digital Portal of the Central Registrar of Cooperative Societies (CRCS):
1. It is aimed at promoting ease of doing business in the cooperative sector and streamlining various processes.
2. It will also feature provisions for OTP-based user registration, validation checks to ensure compliance with the Multi-State Cooperative Societies (MSCS) Act, 2002, and its rules.
Which of the statements given above is/are correct?