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The correct option is option 3 - 1, 2, 3 and 4.
Statement 1 is correct. The Indo-Tibetan Border Police (ITBP) was raised on 24th October 1962 under the CRPF Act for guarding the Indo-Tibetan Border.
Statement 2 is correct. ITBP is indeed a mountain trained force. It is primarily responsible for border security along the India-China border in the mountainous regions.
Statement 3 is correct. ITBP replaced the Assam Rifles in Sikkim and Arunachal Pradesh in 2004-2005 for border guarding duty. This decision was taken keeping in mind ITBP`s specialization in mountain warfare.
Statement 4 is correct. ITBP presently has 52 service battalions. These battalions are deployed for border guarding duties, internal security, counter-insurgency operations, and other assignments as per requirements.
Therefore, all the given statements (1, 2, 3, and 4) are correct.