With reference to FDI and FII, consider the following statements:

1. Both are types of foreign investments, but there is a stark difference in the way they are operated, who do they target, and the returns that can be derived from both.

2. Through FDI, the investors have a good amount of management control over the operations of the business in the host country.

3. Through FII, the investors generally have no control of any companies or banks in the host country in which they are investing.

Which of the above statements is/are correct?