5. Consider the following statements about India’s National IPR Policy:
1.The nodal agency to coordinate, guide and oversee implementation of IPRs is the Human Resource Development Ministry.
2.It commits India to reconciling its patent laws in accordance with such current international benchmarks that enable it to participate in several on-going multilateral trade negotiations.
3.The policy will be reviewed every five years.
Which of the statements given above is/are correct?