Statement 1: The Indian Air Force is set to acquire 500 fighter aircraft through a combination of procurement and indigenous fighter development programs.
Statement 2: The Indian Air Force is currently operating at its sanctioned strength of 42 fighter squadrons.
Which of the above statements are correct?
(a) Statement 1 only
(b) Statement 2 only
(c) Both Statement 1 and Statement 2
(d) Neither Statement 1 nor Statement 2