Which of the following statement is INCORRECT about necessary conditions for a geostationary satellite?

1
It should revolve in an orbit concentric and coplanar with the equatorial plane of the earth. 
2
Its direction of rotation is from east to west.
3
Its period of revolution around the earth should be exactly same as that of the earth about its own axis is., 24 hours. 
4
More than one of the above
5
None of the above

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