Consider following statements:

1. A watershed development fund has been established with a total corpus of Rs. 200 crores.
2. The objective is to undertake integrated watershed development in selected 100 districts.
3. Under the scheme 2/3rd of amount is given for grant based projects in the State.

With the help of given codes, find which of the above statement (s) is/are correct.
Codes:

A) Only 1

B) 1 and 2 only

C) 1,2 and 3

D) 2 and 3 only

This MCQ is part of the UP PSC Previous Year Questions (PYQs) series, focusing on UPPSC Prelims 2009 (GS Paper I)