Five Eyes Alliance is the result of the UK USA (United Kingdom – United States of America) Agreement of 1946 and is the world's oldest intelligence partnership. The origins of the Five Eyes can be traced back to the informal meetings between the US and UK code-breakers during the Second World War. In 1941, British and American intelligence members began engaging in secret meetings before signing the Atlantic Charter that August, which listed global objectives for the two countries beyond the war's conclusion. According to the UK’s Government Communications Headquarters (GCHQ), this Charter paved the way for the Britain-USA agreement and later the UKUSA agreement, which was signed in 1946. Declassified UK USA intelligence documents confirm that the agreement was expanded to include Canada in 1948 and Australia and New Zealand in 1956, thereby creating the Five Eyes alliance, partly due to past shared Commonwealth heritage. So, Statement 1 is correct.
The Five Eyes Alliance evolved during the Cold War as a mechanism for monitoring the Soviet Union and sharing classified intelligence. The alliance was created during the Cold War that was fought between the United States and the Soviet Union, as well as their respective allies. Throughout the Cold War, covert intelligence operations were commonplace and often the main currency for the parties involved. As such, alliances needed to share sensitive information regarding their adversaries on all possible fronts available. Following the end of the Cold War and the collapse of the Soviet Union, the strategic objectives of the Five Eyes changed, with the war on terror and, later, the perceived threats of China and Russia emerging as points of intelligence and spheres of influence. So, Statement 2 is not correct.
The Five Eyes Alliance is a cooperative intelligence network that monitors the electronic communications of citizens and foreign governments. The Five Eyes is an intelligence alliance consisting of the US, UK, Australia, Canada and New Zealand. Thus, India is not a member of the Five Eyes Alliance. So, Statement 3 is correct.