Step 1: Use the hierarchy of magistrate sentencing limits given under Section 29 of the CrPC to answer this.
Step 2: At the top, the Chief Judicial Magistrate may impose up to 7 years of imprisonment with any fine, short of death or life imprisonment.
Step 3: The First Class Judicial Magistrate ranks below that, with a ceiling of 3 years imprisonment and a maximum fine of Rs. 5000.
Step 4: The Second Class Judicial Magistrate is limited to 1 year and Rs. 1000. Matching the Class I figures, the correct pairing is 3 years and Rs. 5000.
\[\boxed{\text{3 years, Rs. 5000}}\]