Which of the following statements with regard to the Grand Slam Tennis Tournaments is/are correct ?
1. The tournaments have a shared governance structure establishing the partnership among the four Grand Slam tournaments.
2. They are open for entry to all internationally ranked tennis players above the age of 14.
3. There is a limitation on the number of 'Wild Cards' a player may receive to compete in a Grand Slam Tournament.

Select the answer using the code given below :

Correct Option: (c) 1 only

The correct option is (c). Statement 1 is correct because the four Grand Slam tournaments (Australian Open, French Open, Wimbledon, and US Open) operate under a shared governance and collaborative structure. Statement 2 is incorrect because Grand Slam entry is governed by professional rankings and direct acceptance rules, not an open entry for all players above 14 years. Statement 3 is incorrect because while wild cards are awarded, they are strictly allocated based on tournament committee discretion rather than a universal statutory limitation applied uniformly across all events in a standardized numerical quota. Consequently, options (a), (b), and (d) are incorrect.