With reference to the University Grant Commission, consider the following statements.

  1. UGC is a statutory body set up by the Government of India in accordance with the UGC Act 1956.
  2. UGC provides recognition to universities in India, and disbursements of funds to such recognized universities and colleges.
  3. One of the Important functions of UGC  is to determine and maintain standards of teaching, examination, and research in universities.

Which of the statements given above is/are correct?

1
1 and 2 only
2
 2 and 3 only
3
 1 and 3 only
4
 1, 2 and 3 

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