Consider the following statements regarding the civil aviation sector in India:1.The Bharatiya Vayuyan Adhiniyam, 2024 replaces the colonial-era Aircraft Act, 1934.2.The Ministry of Railways holds statutory powers for the enforcement of airline tariffs and safety norms.

Statement 1 is correct because the Bharatiya Vayuyan Adhiniyam, 2024 replaces the Aircraft Act, 1934. Statement 2 is incorrect because the Directorate General of Civil Aviation (DGCA) holds statutory powers for enforcement of airline tariffs and safety norms, not the Ministry of Railways.