Consider the following statements regarding the role and function of the Gram Sabha:

i. It consists of a select group of village elders responsible for decision-making.

ii. It elects the local government and assigns specific responsibilities to it.

iii. It ideally provides an open forum for discussions and village-level development activities.

iv. Its primary function is to collect taxes and revenue for the local government.

Which of the above statement(s) is/are correct?