Explanation:

Investment support scheme complement farmers income by ensuring fixed amount of monetary support to farmers or targeted group. Unlike loan wavier it does not damage credit culture or distort markets.

• Rythu Bandhu Scheme by Government of Telangana provide Investment Support Agriculture and Horticulture crops by way of grant of Rs. 4,000/- per acre per farmer each season for purchase of inputs like Seeds, Fertilizers, Pesticides, Labour and other investments in the field operations of Farmer’s choice for the crop season.
• Krushak Assistance for Livelihood and Income Augmentation ( KALIA) is Odisha govt.'s scheme which provides Rs 10,000 per family as assistance for cultivation. Each family will get Rs 5,000 separately in the kharif and rabi seasons

Whereas Pradhan Mantri Fasal bima yojana is crop insurance scheme for crop failure due to climate and other risks. 

Therefore statement  1 and 2 are correct, however statement 3 is incorrect.