Gandhi Peace Prize - GS questions based on daily current affairs

1)   Consider the following statements related to Gandhi Peace prize

1. A jury consisting of the Prime Minister of India, the Leader of the Opposition in the Lok Sabha, the Chief Justice of India and two other eminent persons decides the awardee each year.
2. Indian Space Research Organisation (ISRO) has been selected for the Gandhi Peace Prize for 2014

Which of the above statements is/are correct?

a. Only 1
b. Only 2
c. Both
d. None