El Nino

Consider the following statements regarding El-Nino:

  1. EI-Nino is merely an extension of the warm equatorial current which gets replaced temporarily by cold Peruvian Current or Humboldt Current.
  2. The process of upwelling along the coast of South America in eastern pacific takes place during an El-Nino.

Which of the above statements are correct?

A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2