Passage: Read the given passage carefully and answer the questions that follow. All global rankings are not equivalent. Some, like the Human Development Index, are well thought out and carefully constructed, although they also face challenges in getting accurate country-level data. Others seem to be hastily put together, often excluding perspectives from the Global South. For example, the now-abandoned World Bank Ease of Doing Business Index focused on limited liability companies, covering only 14% of Indian businesses and excluding sole proprietorships, the mainstay of Indian businesses. The Global Gender Gap Index focuses on the gender gap in earnings but not in poverty — an indicator on which the United States might do poorly due to a large number of mother-only families, but where South Asian countries might fare better. Nonetheless, given how much international organisations and foundations that fund them love ranking countries and are convinced these are effective tools in holding countries accountable, it is unlikely that any criticism will vanquish this industry. However, it is possible to hold it accountable through simple steps.1261 Question: Which of the following can be inferred from the passage?

1. The Global South is adequately represented in global rankings.
2. Global rankings are universally accepted as reliable indicators of a country's performance.
3. Many global rankings lack comprehensive data and may not accurately reflect the realities of all countries.
4. Rankings like the Human Development Index have no challenges in their construction.