Consider the following statements about India INX:
1. India INX is India's first international exchange.
2. It will work for 22 hours in a day, working from sunrise to sunset, i.e., starting when Japan exchanges begin and close when the US markets end.
3. India lNX is a wholly owned subsidiary of the Bombay Stock Exchange (NSE).
Which of the statements given above is/are correct?

A. 1 and 3 only

B. 1, 2 and 3

C. 2 and 3 only

D. 1 only

Answer: Option B