Explanation:

Recently, Bureau of Indian Standards (BIS) has prepared a draft standard for the drinking water supply system, which aims to act as a benchmark for maintaining water quality and developing a uniform process for states opting to implement it.

• Bureau of Indian Standards (BIS) is the National Standard Body of India under the Ministry for Consumer Affairs, Food and Public Distribution. 
• BIS is responsible for the harmonious development of the activities of standardization, marking and quality certification of goods and for matters connected therewith or incidental thereto.
• ISO is an independent, non-governmental international organization with a membership of 165 national standards bodies.

Hence both statements are correct.