Read the following statements carefully:1.The commerce and industry ministry will soon notify the constitution of a National Traders’ Welfare Board.2.The Board will identify ways to improve access to funds for this unorganised sector.3.It will also make recommendations to reduce the compliance burden of traders as well as to ensure social security benefits such as insurance, pension, and healthcare for traders and their employees.Which of the above statements is/are correct?

• A. Only 1
• B. Only 1 and 2
• C. Only 1 and 3
• D. Only 2 and 3
• E. All are correct