Correct Option (B)
Statement 2 is correct. Narayan Meghaji Lokhande is recognized as a pioneering figure in organizing the labour movement in British India. He actively campaigned for improved working conditions and the rights of industrial workers.
Incorrect Options:
Statement 1 is incorrect. The Factories Act of 1881 did not aim to fix the wages of industrial workers or facilitate the formation of trade unions. Its primary objective was to regulate the working conditions of child labourers. Key provisions included limiting working hours for children, prohibiting employment of children below a specified age, and mandating rest intervals during workdays. The Act did not address adult labour, wages, or unionization.