Explanation:

All statements are correct.

• Shadow entrepreneurs are individuals who manage a business that sells legitimate goods and services but they do not register their businesses.
• This means that they do not pay tax, operating in a shadow economy where business activities are performed outside the reach of government authorities.
• Types of businesses include unlicensed taxicab services, roadside food stalls and small landscaping operations.
• There has been a global rise of shadow entrepreneurship, in various sectors such as education (certificates), finance (for easy loans), the betting economy (online games) and healthcare (e-pharmacies). 
• In a study of 68 countries, the Imperial College Business School found that after Indonesia, India has the second highest rate of shadow entrepreneurs. 

Benefits

• Increase in employment: Most of Informal sector jobs come under shadow entrepreneurship.
• Driver of economic development
• Reduction in Poverty
• Removes pressure on agriculture by providing non agricultural jobs.
• Diversified options for consumers

Hence option 4th is correct.