Explanation:

- Section 320: This section of the Code of Criminal Procedure (CrPC) deals with compounding of offences. It specifies which offences can be legally compromised, or settled, by the parties involved, with or without the court's permission.

- The 1st Schedule: This schedule classifies offences in the CrPC. It categorizes offences as cognizable or non-cognizable, bailable or non-bailable, and specifies the court by which they are triable.

- The 2nd Schedule: This schedule deals with forms, like warrants and summonses, under CrPC.

- Section 482: This section preserves the inherent powers of the High Courts to make orders necessary for securing justice.

The correct answer is The 1st Schedule, as it classifies offences under the CrPC.