Step 1: Formula for settling time.
The settling time (\( t_s \)) for 2\% tolerance is given by:
\[
t_s = \frac{4}{\xi \omega_n},
\]
where \( \xi = \cos \theta \) is the damping factor.
Step 2: Calculating settling time for both systems.
For System 1:
\[
\omega_n = 3, \, \theta = 60^\circ \quad \Rightarrow \quad \xi = \cos(60^\circ) = 0.5.
\]
\[
t_s = \frac{4}{0.5 \times 3} = 2.67 \, \text{seconds}.
\]
For System 2:
\[
\omega_n = 1, \, \theta = 70^\circ \quad \Rightarrow \quad \xi = \cos(70^\circ) \approx 0.34.
\]
\[
t_s = \frac{4}{0.34 \times 1} \approx 11.76 \, \text{seconds}.
\]
Step 3: Comparing settling times.
Since \( t_s \) for System 2 is greater, the correct statement is:
\[
\text{Settling time of System 2 is more than that of System 1.}
\]
Hence, the correct option is (B).