- Statutory bodies are public sector organizations or committees established by a specific law or Act passed by the Parliament or a State Legislature. They derive their powers, functions, and structure from the statute that created them. Examples include the National Human Rights Commission, the National Green Tribunal, and the Securities and Exchange Board of India (SEBI). - Constitutional bodies, on the other hand, are established directly by the Constitution of India (e.g., Election Commission, UPSC, Finance Commission). Their powers and functions are laid down in the Constitution itself. - Statement A correctly defines statutory bodies as those set up by statutes passed by Parliament and State Legislatures. - Statement B is incorrect because bodies set up by the Constitution are constitutional bodies, not statutory bodies. - Statement C is incorrect as statutory bodies are created by statutes that the Parliament and State Legislatures can pass.