Consider the following statements about Industrial Policy Resolution 1956 :

1. This resolution formed the basis of the First Five Year Plan. 

2. It encourages the separation of ownership and management in private in­dustries.

3. Mahalanobis model suggested the dominance of the heavy industries.

How many of the above statements are correct? 

1
Only one
2
Only two
3
All three
4
None

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