Examine the following statements relating to induction and identify those which are either true or false.
1. Induction today is renamed as empolyee orientation programme.
2. It is also known by the term 'on boarding'.
3. It is for the purpose of socialising the new employees.
4. Informal induction is better than formal induction.

A. 1, 2 are true, 3, 4 are false

B. 2, 3 are true, 1, 4 are false

C. 1, 2 and 3 are true, 4 is false

D. 1, 2 and 4 are true, 3 is false

Answer: Option C