Consider the following statements:

1. As per the Part V of the Constitution, President can nominate 12 members in the Council of States.

2. Nominated members of the Council of States are entitled to vote in the election of the President of India as well as the Vice-President of India.

3. A nominated member is allowed six months, should he decide to join a political party after he has taken his seat in the House.

4. A nominated member has not been exempted from filing his assets and liabilities under the Representation of the Peoples Act, 1951.

5. The nomination of members in the Council of States by the President was borrowed by the constitution of India from South Africa.

Which of the statements given above are correct?