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Consider the following statements:

1. The party system and the elections in India are based on single member constituencies, first- past-the-post system and a bicameral legislature.

2. The first general elections (Parliamentary Elections) were held in India in the year 1950 following the ratification of the Constitution.

Which of the statements given above is / are correct?

A)  Only 1             

B)  Only 2

C)  Both 1 and 2    

D)  Neither 1 nor 2