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Consider the following statements
1. The Reserve Bank of India and the European Central Bank have signed a memorandum of understanding for cooperation in the area of central banking.
2. The Reserve Bank of India signed a Memorandum of Understanding (MoU) on "Supervisory Cooperation and Exchange of Supervisory Information" with Banco Central do Brasil (BCB) .
Which of the above statements are true?

Only 1
Only 2
Both
Neither
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