With reference to the President’s Rule, consider the following statements.

1. Article 356 empowers the President to issue a proclamation if he is satisfied that a situation has arisen in which the government of a state cannot be carried on in accordance with the provisions of the constitution.

2. Article 365 says that whenever a state fails to comply with or to give effect to any direction from the centre, it shall be lawful for the President to hold that a situation has arisen in which the Government of the State cannot be carried on in accordance with the provisions of this Constitution.

Which of the statements given above is/are correct?