Consider the following statements regarding Mahatma Gandhi National Rural Employment Guarantee Act 2005

1. It guarantees the ‘right to work’ to ensure livelihood security in rural areas.

2. It provides at least 100 days of guaranteed wage employment in a financial year.

3. The provides for unemployment allowance if the work is not provided within the statutory limit of 15 days.

4. It is a demand oriented legal right.

Which of the statements given above is/are correct?