Consider the following statements about the Employees' State Insurance Corporation (ESIC):
- ESIC is a Statutory and an Autonomous Body.
- ESIC manages the insurance fund according to rules and regulations stipulated in the ESI Act 1948.
Choose the correct statement:
1
Only 1.
2
Only 2.
3
Both 1 and 2.
4
Neither 1 nor 2.