Consider the following statements regarding the 'Buy (Indian)' category under the Defence Acquisition Procedure 2020:

1. The 'Buy (Indian)' category refers to the acquisition of products from an Indian vendor which may not have been developed indigenously, with 60% Indigenous Content (IC) on a cost basis of the base contract price.

2. Vendors in the 'Buy (Indian-IDDM)' category, with indigenous design and at least 50% Indigenous Content (IC), are also eligible to participate.

Select the correct answer using the code given below: