Solution:PSLV is designed mainly to deliver the "earth-observation" or "remote-sensing" satellites with lift-off mass of up to about 1750 Kg to Sun-Synchronous circular polar orbits of 600-900 Km altitude. It is also used to launch the satellites of lower lift-off mass of up to about 1400 Kg to the elliptical Geosynchronous Transfer Orbit (GTO).The GSLV is designed mainly to deliver the communication-satellites to the highly elliptical Geosynchronous Transfer Orbit (GTO). The satellite in GTO is further raised to its final destination, viz., Geo-synchronous Earth orbit (GEO) of about 3.6000 km altitude (and zero degree inclination on equatorial plane) by firing its in-built on-board engines.
Due to their geo-synchronous nature, the satellites in these orbits appear to remain permanently fixed in the same position in the sky, as viewed from a particular location on Earth. Therefore, statement 1 is correct and statement 2 is incorrect.
GSLV-Mk III is a three-stage vehicle with two solid motor strapons (S200), a liquid propellant core stage (L110) and a cryogenic stage (C-25). Statement 3 is incorrect.