Consider the following statements:
Statement 1:  Revenue deficit in the budget for the year 2024-25  is 68,742.65cr.
Statement 2:  Fiscal deficit in the budget for the year 2024-25 is 34,743.38cr. 
Identify the correct one from the following? 

1
Both statements are correct
2
Statement 1 is correct, Statement 2 is incorrect
3
Statement 1 is incorrect, Statement 2 is correct
4
Both statements are incorrect

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