India's Foreign Policy

With reference to India's Non-Alignment policy and the Non-Aligned Movement (NAM), consider the following statements:

I. The Non-Aligned Movement (NAM) was formally established at the First Summit Conference of Non-Aligned Countries held in Belgrade, Yugoslavia in 1961, with Jawaharlal Nehru, Josip Broz Tito, and Gamal Abdel Nasser as its principal architects.

II. Non-alignment as a foreign policy meant that India maintained equal military alliances with both the USA and USSR during the Cold War to balance its options.

III. India hosted the 7th NAM Summit in New Delhi in 1983, and was also the chair of the NAM movement during 1983–86.

Which of the statements given above are correct?