Which of the following statements are true/false?
1. The Minimum Wages Act, 1948 came into force on 15^th March, 1948.
2. The State-Central Government has the power to appoint a central advisory board for the purpose of advising the Central and State Governments in the matters of the fixation and revision of minimum rates of wages.
3. The minimum rate of wages includes only cost of living allowance.
4. The minimum rates of wages may be fixed by the hour, day, month.

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

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

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

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

Answer: Option A