With reference to "Mobility Arrangement for Talented Early-professionals Scheme" (MATES), which of the following statements is/are correct?

1. This is a bilateral framework between India and Australia.
2. In this scheme Indian graduates (aged 18-30) with knowledge and skills in specific fields of study will be offered to live and work in Australia for up to two years.

Select the correct answer from the codes given below :

A) Only 2

B) Neither 1 nor 2

C) Only 1

D) Both 1 and 2

This MCQ is part of the UP PSC Previous Year Questions (PYQs) series, focusing on UPPSC Prelims 2024 (GS Paper I)