Consider the following statements.

1. Carnatic wars were a series of military conflicts between the South Indian Rulers and the British East India Company.

2. The policy of 'paramountcy' primarily aimed at subordinating all European companies trading in India.

Which of the following statements given above is/are correct?

1
1 only
2
2 only
3
Both 1 and 2 
4
Neither 1 nor 2
5
Not Attempted

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