Read the excerpt given below and answer the question that follow: From the 29th of July to the 3rd of August 2024, the Supreme Court is organising a special Lok Adalat. This is part of a series of activities which the Supreme Court is observing to commemorate the 75th year since the establishment of the Supreme Court. Most significantly, we are all, as judges and people, dedicated to the institution of justice, concerned about the large backlog of cases. Which of the following is true about the Lok Adalat? i. Saves money ii. Reduces burden on other courts iii. Works on a compromise iv. Speedy justice