Concept:The question tests your knowledge of the early political organisations and the founding of the Indian National Congress.
Explanation:Step 1: The Bombay Presidency Association was founded in 1885 by Ferozeshah Mehta, Dadabhai Naoroji, and Dinshaw Wacha, not by Badruddin Tyabji.
Thus, statement 1 is incorrect.
Step 2: Surendranath Banerjee indeed planned and helped establish the Indian National Conference at Calcutta in 1883.
This conference later merged with the Indian National Congress. Hence, statement 2 is correct.
Step 3: Allan Octavian Hume founded the Indian National Congress in 1885 as a platform for educated Indians to discuss political issues and present them to the British government.
His goal was not to create a rival body nor to specifically address the poor and marginalised. Therefore, statement 3 is incorrect.
Only statement 2 is correct.
Answer:Only one statement is correct, which corresponds to option A. 1.