In order to comply with TRIPS Agreement, India enacted the Geographical Indications of Goods (Registration & Protection) Act, 1999. The difference/differences between a 'Trade Mark' and a Geographical Indication is/are:

1. A Trade Mark is an individual or a company's right whereas a Geographical Indication is a community's right.

2. A Trade Mark can be licensed whereas a Geographical Indication cannot be licensed.

3. A Trade Mark is assigned to the manufactured goods whereas the Geographical Indication is assigned to the agricultural goods/products and handicrafts only.

Which of the statements given above is/are correct ?