Consider the following statements : As per the Industrial Employment (Standing Orders) Central (Amendment) Rules, 2018 1. if rules for fixed-term employment are implemented, it becomes easier for the firms/companies to lay off workers 2. no notice of termination of employment shall be necessary in the case of temporary workman Which of the statements given above is/are correct?

Statement 1 is correct because fixed-term employment allows contracts to expire automatically without the legal complexities of "retrenchment," while Statement 2 is accurate as the 2018 rules explicitly state that no notice of termination is required for temporary workmen. Option (a) is a common trap for candidates who assume labor laws mandate universal notice periods, failing to recognize the specific exemptions designed to increase hiring flexibility for firms. The core concept tested is labor market liberalization and the regulatory framework governing different categories of industrial employment in India.