Consider the following statements.

1. The Nuclear Security Summits are periodically held under the aegis of the United Nations.

2. The International Panel on Fissile Materials is an organ of International Atomic Energy Agency.

Which of the statements given above is/are correct?

The correct option is Neither 1 nor 2.

Step-by-step Explanation and Analysis:

Analysis of Statement 1:

The Nuclear Security Summit (NSS) was a series of global summits aimed at preventing nuclear terrorism by neutralizing vulnerable nuclear material, advancing nuclear security, and improving international cooperation.

The summit was initiated by the former President of the United States, Barack Obama, in 2009, and the first summit was held in Washington, D.C. in 2010. They were not held under the aegis of the United Nations (UN). Therefore, Statement 1 is incorrect.

Analysis of Statement 2:

The International Panel on Fissile Materials (IPFM) is an independent group of arms control and non-proliferation experts from both nuclear-weapon and non-nuclear-weapon states.

It was founded in 2006 and is hosted by Princeton University in the United States. It is not an organ or affiliated body of the International Atomic Energy Agency (IAEA). Therefore, Statement 2 is incorrect.

Since both statements 1 and 2 are incorrect, the correct choice is Neither 1 nor 2.