Which of the phrases given below the sentence should replace the word/phrase that is given in bold in the sentence to make it grammatically correct? If the sentence is correct as it is given and no correction is required, mark 'No correction required' as the answer.
The new project comprises of various Artificial Intelligence simulations that can define the future of humankind.
1
Comprises
2
Consists of
3
Both 1 and 2
4
Neither 1 nor 2
5
No correction required