With reference to the Neem tree, consider the following statements:
1. Neem oil can be used as a pesticide to control the proliferation of some species of insects and mites.
2. Neem seeds are used in the manufacture of biofuels and hospital detergents.
3. Neem oil has applications in the pharmaceutical industry.
Which of the statements given above is/are correct?
Statement 1 is correct: Neem oil is a well-known natural pesticide and has been shown to be effective in controlling some insect and mite populations. Statement 2 is incorrect: While there might be some research into using neem seeds for biofuels, it's not a widespread application in 2014 when the question was asked by the UPSC. Hospital detergents typically use stronger and more regulated chemicals. Statement 3 is correct: Neem oil does have applications in the pharmaceutical industry. It has been used in traditional medicine for centuries, and some of its properties are being explored in modern medicine for their anti-bacterial, anti-inflammatory, and other potential benefits.