Consider the following statements regarding the Pradhan Mantri MUDRA Yojana (PMMY):

1.It provides collateral-free institutional credit to non-corporate, non-farm small and micro-enterprises.

2.Under the scheme, loans are categorised into Shishu, Kishore, and Tarun, with the 'Kishore' category covering funding needs up to ?50,000.

3.Women entrepreneurs constitute the majority of the beneficiaries who have availed loans under this scheme.

Which of the statements given above is/are correct?