Consider the following statements about Hyderabad's ranking in the Mercer’s 2023 Cost of Living City Rankings:
1. Hyderabad is the fifth most expensive city in India for international employees.
2. In the global ranking, Hyderabad is positioned at the 169th spot.
Which of the above statements is/are correct?
1
Only Statement 1
2
Only Statement 2
3
Both Statements 1 and 2
4
Neither Statement 1 nor 2