Consider the following statements :

1. The Model Code of Conduct consists of a set of guidelines evolved through consensus among political parties.

2. The MCC comes into force from the date the election schedule is announced and remains in force till the results are out.

Which of the statements given above is/are correct?

1
1 only
2
2 only
3
Both 1 and 2 
4
Neither 1 nor 2

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