Q4. Consider the following statements regarding Cabotage:
1. It refers to the practice of imposing restrictions for the movement of domestic cargo along coastal routes, port to port, by foreign flag vessels.
2. Like China and USA, there is absolute cabotage restriction in India.
3. It aims to protect the domestic shipping industry from foreign competition as well as for the purpose of national security.
Which of the above statement(s) is/are WRONG?