Consider the following statements regarding reservation of industries under industrial policy resolution, 1956.
1. Schedule A - Industries set up under this provision was known as the central public sector undertakings
2. Schedule B - industries set up under this provision was supposed to take up the initiatives with the more expansive follow up by the private sector
3. Schedule C - Industries under this provision were exempted from Industries Development and Regulation Act
Which of these statements is/are correct?