The correct option is C 1 only
Vindhyan Rock System:
Formed between 1400-600 million years ago
It consists of sedimentary rocks superimposed on the Archean base, Hence, Statement 1 is Correct.
Almost devoid of metalliferous minerals, Hence, Statement 2 is Incorrect.
Vindhyan rock system has many non-metallic minerals like sandstone, limestone, coal etc.
Important locations: Chittorgarh, Rajasthan; Panna, Madhya Pradesh.