Consider the following statement (s) related to the administrative causes of 1857 revolt.
1. Deprivation of the traditional ruling classes of their luxury due to the establishment of the companys suzerainty over the Indian states;
2. Introduction of new and revenue system which snatched the land from cultivator and gave it to the moneylender or traitor.
3. Lord Cannings announcement to that Mughals would lose the title of King and be mere Princess.
Which is/are correct statement(s)?