According to the Administrative Reforms Commission, the institution of Lokpal and Lokayukta should be characterised by which of the following features?
1. Their investigation and procedure should be conducted in public and should be formal in character.
2. Their appointment should as far as possible, be non political.
3. Their status should compare with the speaker of Lok Sabha.
4. Their preceeding should be subject to judicial interference.
5. They should not look forward to any benefit from the executive.
Select the correct option: