Consider the following statements:
1. The National Research Foundation (NRF) aims to facilitate research in India by acting as a coordinating agency between researchers, government bodies, and industry.
2. The budget allocated for the NRF over five years is ₹50,000 crore, with 28% provided by the government and the remaining 72% expected from the private sector.
3. As per the data from 2017-18, India's gross domestic expenditure on research and development (GERD) was nearly 24 times less than that of the U.S. and China.
How many of the statements given above are correct?
1
Only one
2
Only two
3
All three
4
None