Explanation:

- Statement 1: This indicates that 80% of the project cost for projects up to Rs 10 lakh is supported for co-operative societies, FPOs, and Panchayats.

- Statement 2: It mentions that farmers receive 40% to 50% funding for purchasing agriculture machinery, based on their category.

- Statement 3: It clarifies that in North Eastern states, Farm Machinery Banks receive 95% of the project cost up to Rs 10 lakh.

Correct Answer: Option 5, 1, 2, and 3

All three statements are correct as they accurately represent different facets of the Sub Mission on Agriculture Mechanization Scheme.