Consider the following statements:NTREES (Trade Rec

Consider the following statements:

NTREES (Trade Receivables Engine for E-discounting) has been promoted by SIDBI & NSE.
NTREES has been launched for the benefit of only Micro, Small & Medium Enterprises

Which among the above statements is/ are correct?

[A] Only 1 is correct
[B] Only 2 is correct
[C] Both 1 & 2 are correct
[D] Neither 1 nor 2 is correct