Consider the following statements with respect to the Extended Fund Facility (EFF) of The International Monetary Fund (IMF):

1. It was established to provide assistance to countries experiencing serious payment imbalances.

2. The IMF does not charge any service charge on the amount taken through the EFF.

3. India had signed this agreement with the IMF with the inception of the First Five-year plan.

Which of the statements given above is/are correct?