Consider the following statements in context with the Disaster Management Act 2005: 

  1. The act makes provisions for a National Disaster Management Authority at the Centre level and State Disaster Management Authority at the state level 
  2. The President is the chairman of National Disaster Management Authority, while the Governor is the Chairman of State Disaster Management Authority
  3. The National Calamity Contingency Fund has ceased to exist after the National Disaster Response Fund has been created under this act. 

Which among the above statement is are correct?

[A] Only 1 is correct
[B] Only 1 & 2 are correct
[C] Only 1 & 3 are correct
[D] All are correct

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