Explanation:

Both statements are correct.

Recently, Irish writer Paul Lynch won the Booker Prize for fiction for his novel Prophet Song.

• It is the world’s leading literary award for a single work of fiction.

• Founded in the UK in 1969, the Booker Prize initially rewarded Commonwealth writers and now spans the globe: it is open to anyone regardless of origin.

• It aims to promote the finest in fiction by rewarding the best novel of the year written in English.

Eligibility

• The Booker Prize awards any novel originally written in English and published in the UK and Ireland in the year of the prize, regardless of the nationality of their author.

• The novel must be an original work in English (not a translation)

• It must be published by a registered UK or Irish imprint; self-published novels are not eligible.

• The winner receives £50,000 and each of the shortlisted authors will be given £2,500.

• The Booker Prize Foundation: It is a registered charity established in 2002. Since then it has been responsible for the award of the Man Booker Prize for Fiction, and for the Man Booker International Prize since its inauguration in 2005.

Hence option 3rd is correct.