Consider the following statements about Krishna Rao Pandit:
1. He belonged to 'Gwalior Gharana' of music.
2. In 1914, he founded 'Gandharva Mahavidyalaya' which is now known as Shankar Gandharva Mahavidyalaya, Gwalior.
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

Answer: Option C