Consider the following statements: 1. If magenta- and yellow-coloured circles intersect, the intersected area will have red colour. 2. If cyan- and magenta-coloured circles intersect, the intersected area will have blue colour. Which of the statements given above is/are correct?

1. Statement 1 is correct. This question deals with subtractive color mixing (like pigments or filters). When magenta (which absorbs green light) and yellow (which absorbs blue light) coloured circles intersect, both green and blue light are absorbed, leaving red light to be reflected or transmitted. 2. Statement 2 is correct. When cyan (which absorbs red light) and magenta (which absorbs green light) coloured circles intersect, both red and green light are absorbed, leaving blue light. 3. Therefore, both statements are correct.