Consider the following statements regarding the Arbitration Council of India:
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The Arbitration and Conciliation (Amendment) Act, 2019, established the Arbitration Council of India.
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The primary responsibility of the Council is to foster and facilitate arbitration, mediation, and conciliation by formulating policies.
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The Council does not engage in the assessment of arbitral institutions or the accreditation of professional bodies.
Which of the above statements is/are correct?
1
1 & 2
2
2 & 3
3
2 only
4
All are correct.