Consider the following statements regarding the 'Permanent Settlement' (Zamindari System) introduced in Bengal in 1793: 1. It was introduced by Lord Cornwallis. 2. The revenue demand of the state was fixed in perpetuity and could never be increased. 3. The Zamindars were recognized as the absolute owners of the land, stripping peasants of their traditional occupancy rights. Which of the statements given above is/are correct?