Identify the correct statement on 'inhibin' :
1. Inhibits the secretion of LH, FSH and Prolactin.
2. Is produced by granulose cells in ovary and inhibits the secretion of FSH.
3. Is produced by granulose cells in ovary and inhibits the secretion of LH.
4. Is produced by nurse cells in testes and inhibits the secretion of LH.