Consider the following statements with respect to Non-Aligned Movement (NAM) : 

1. The Non-Aligned Movement (NAM) was created and founded during the collapse of the colonial system.

2. Its membership criteria states that the country should have adopted an independent policy based on the coexistence of states with the different political and social system.

Which of the statements given above is/are correct?

1
1 only
2
2 only
3
Both 1 and 2 
4
Neither 1 nor 2 

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