Consider the following statements: 1. The Election Commission of India is a five-member body. 2. Union Ministry of Home Affairs decides the election schedule for the conduct of both general elections and bye-elections. 3. Election Commission resolves the disputes relating to splits/mergers of recognised political parties. Which of the statements given above is/are correct?

1. Statement 1 is incorrect. The Election Commission of India (ECI) is typically a three-member body, consisting of one Chief Election Commissioner and two Election Commissioners. It is not a five-member body. 2. Statement 2 is incorrect. The Election Commission of India, an independent constitutional authority, decides the election schedule for the conduct of both general elections and bye-elections, not the Union Ministry of Home Affairs. 3. Statement 3 is correct. The Election Commission resolves the disputes relating to splits/mergers of recognised political parties. It acts as a quasi-judicial body in such matters, often deciding which faction gets the party symbol. 4. Therefore, only statement 3 is correct.