Consider the following statements about 'the Charter Act of 1813': 1. It ended the trade monopoly of the East India Company in India except for trade in tea and trade with China. 2. It asserted the sovereignty of the British Crown over the Indian territories held by the Company. 3. The revenues of India were now controlled by the British Parliament. Which of the statements given above are correct?

1. Statement 1 is correct. The Charter Act of 1813 significantly altered the East India Company's position by ending its trade monopoly in India. However, it made specific exceptions, allowing the Company to retain its monopoly on trade in tea and trade with China. 2. Statement 2 is correct. This Act was a significant step in asserting the constitutional position that the Indian territories held by the Company were under the ultimate sovereignty of the British Crown. 3. Statement 3 is incorrect. While the Act increased the oversight powers of the British Parliament and Crown, the revenues of India continued to be controlled and administered by the East India Company. Direct control of revenues by the British Parliament did not happen at this stage. 4. Therefore, only statements 1 and 2 are correct.