- Statement 1 is incorrect. Article 243F(1)(a) of the Constitution states that a person shall be disqualified for being chosen as, or for being, a member of a Panchayat if he is less than twenty-one years of age. Thus, the minimum age prescribed for becoming a member of Panchayat is 21 years, not 25 years. - Statement 2 is correct. Article 243E(3) of the Constitution states that a Panchayat constituted upon the premature dissolution of a Panchayat shall continue only for the remainder of the period for which the dissolved Panchayat would have continued under clause (1) had it not been so dissolved. However, if the remainder period is less than six months, it shall not be necessary to hold any election for constituting the Panchayat for such period.