Select the correct passive form of the given sentence.
We are arranging an exhibition of sarees from different states of India at Dilli Haat.
1
An exhibition of sarees from different states of India will be arranged by us at Dilli Haat.
2
An exhibition of sarees from different states of India is being arranged by us at Dilli Haat.
3
An exhibition of sarees from different states of India has been arranged by us at Dilli Haat.
4
An exhibition of sarees from different states of India was arranged by us at Dilli Haat.