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 recognized political parties. Which of the statements given above is/are correct?

1. Incorrect. The Election Commission of India is not a five-member body; it is a three-member body at present—Chief Election Commissioner and two Election Commissioners.
2. Incorrect. The Election Commission of India decides the election schedule for Lok Sabha, State Assemblies and bye-elections; the Union Ministry of Home Affairs does not fix it.
3. Correct. Under the Election Symbols (Reservation and Allotment) Order, 1968, the Election Commission decides disputes relating to splits/mergers in recognized political parties.

Therefore, only statement 3 is correct.