Answer: (D)
The International Film Festival of India (IFFI) was established in 1952 under the patronage of Prime Minister Jawaharlal Nehru and is historically recognized as Asia's oldest international film festival. Hence Statement 1 is correct.
The festival is organized annually as a joint venture by the National Film Development Corporation (NFDC) (under the Ministry of Information and Broadcasting, Government of India) alongside the Entertainment Society of Goa (ESG) and the Indian film industry. Hence Statement 2 is correct.
The Golden Peacock Award is indeed the highest competitive honor at IFFI, presented annually to the Best Film, with the cash prize shared equally between the director and the producer. Hence Statement 3 is correct.
Therefore , option D is the correct answer.
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