Consider the following statements:
1. The minimum age prescribed for any person to be a member of Panchayat is 25 years.
2. A Panchayat reconstituted after premature dissolution continues only for the remainder period.
Which of the statements given above is/are correct?

Correct Option: (b) 2 only

According to Article 243-F of the Constitution, the minimum age for a person to be a member of a Panchayat is 21 years, not 25 years, making statement 1 incorrect. According to Article 243-E(4), a Panchayat reconstituted after premature dissolution continues only for the remainder of the period for which the dissolved Panchayat would have continued, making statement 2 correct.