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Consider the following statements:

1. A Panchayat elected in the place of a dissolved one, does not enjoy the full period but remains in office for the remaining period after the dissolution.

2. In Panchayats, seats are reserved for the Scheduled Castes, Scheduled Tribes and women but not for Backward Classes of citizens.

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