Consider the following statements regarding the Panchayat system:

1. The minimum age prescribed for any person to be a member of the Panchayat is 25 years.

2. A Panchayat reconstituted after premature dissolution continues only for the remainder period.

3. The Panchayat system in India is governed by Schedule IX of the Constitution.

4. The term of office for a Panchayat is five years from the date of its first meeting.

Select the correct code below:

1
1 and 3 only
2
2 and 4 only
3
1, 2 and 3 only
4
2, 3 and 4 only
5
None of the above

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