A definition in my notes state:
If $Df(a)$ is invertible (as a matrix), then $f$ is invertible on an open set $U$ containing $a$.
So given that $f(x,y) = (a,b)$ and there exists a $C^1$ local inverse near (x,y) with derivative $Df^{-1}(a,b) = (Df(x,y))^{-1}$.
My query is on the $C^1$. What does this mean in this context or any context? A lot of questions in my homework also go along the lines of "Show that $f$ has a local $C^1$ inverse near ...".