Recently the Indian Government announced to honour P. V. Narsimha Rao with Bharat Ratna. Which of the following statements is correct about "P.V Narsimha Rao"?

1) The "MGNREGA Act" was first proposed in 1991 by P.V. Narasimha Rao.

2) Former Prime Minister, Shri P V Narasimha Rao, and former Finance Minister, Dr Manmohan Singh implemented the LPG Reforms in India on July 24, 1991. 

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

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