Consider the following statements: [2006]
1. In India, during the financial year 2004-2005 an increase of below 10% over the value of exports (in rupee terms) in the financial year 2003-2004 was reported.
2. According to the WTO, India share in the world merchandise exports crosses 2% in the year 2005.
Which of the statement(s) given above is/are correct?