Consider the following statements regarding the 73rd Constitutional Amendment Act.
1. One-fourth of the positions in all panchayat institutions are reserved for women.
2. The State government is required to appoint a State Election Commissioner who would be responsible for conducting elections to the Panchayati Raj institutions.
Which among the above statements is/are correct?
1. 1 only
2. 2 only
3. Both 1 and 2
4. Neither 1 nor 2