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Both statements are correct.
1. The Cholas did defeat the Pandya and Chera rulers and established their domination over peninsular India in the early medieval period. The Chola dynasty, which ruled from the 9th to the 13th century, expanded their kingdom and gained control over large parts of South India, including Tamil Nadu, Kerala, and parts of Andhra Pradesh and Karnataka. They were known for their military prowess and successful campaigns against neighboring kingdoms.
2. The Cholas also conducted expeditions and conquered territories in South-East Asia. The Chola Empire had extensive maritime trade networks and engaged in naval expeditions to regions like Sri Lanka, the Maldives, and South-East Asia. They successfully launched campaigns against the Sailendra Empire, which was based in present-day Indonesia, and extended their influence in the region.
Therefore, the correct answer is: Both 1 and 2.