Which of the following statements is correct about laterite soil?

1) This soil is developed in areas with high temperature and heavy rainfall.
2) It is poor in iron oxide and aluminium.

Select the correct answer using the code give below—
Code-

A) Only 1

B) Only 2

C) Both 1 and 2

D) Neither 1 nor 2

This MCQ is part of the UP PSC Previous Year Questions (PYQs) series, focusing on UPPSC Prelims 2023 (GS Paper I)