Correct option is B
Statement 1 is incorrect.
The portal has been created and developed by the Indian Institute of Technology, Bombay. Data has been provided by organizations of the Ministry of Culture.
Statement 2 is correct.
It is the Government's first authorized portal where knowledge and cultural resources of various organizations of the Ministry of Culture are available in the public domain on a single platform.
The Indian Culture Portal is a part of the National Virtual Library of India project, funded by the Ministry of Culture, Government of India.