Consider the following statements
1. The Labour Courts provide speedy justice to the issue of suspension of labours from work, welfare of labour, fixing wages etc.
2. The Labour Court is presided by an officer who has served one of the judicial officers for a minimum term of seven years.
Which of the statement(s) given above is/are correct?

A. Only 1

B. Only 2

C. Both 1 and 2

D. None of these

Answer: Option C