With reference to the Group of 77 (G-77), consider the following statements:

1. It was established by seventy-seven developed and developing countries at the end of the first session of the United Nations Conference on Trade and Development (UNCTAD).

2. The South Summit is the supreme decision-making body of the Group of 77. 

3. The activities of the Group of 77 are financed by the United Nations Organisation.

Which of the statement given above are incorrect?

1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
1, 2 and 3
5
None of these

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