Correct Answer - Option 1 : I
Given Statement
Course of action 1 is true, because the committee may be constituted to look into the matter to analyze the question paper and given the report on the how much questions are in out of syllabus.
Course of action 2 is false, because without analysis of paper the examination may not be cancelled.
Course of action 3 is false, because the after analysis of the paper by the committee. Either the committee may recommend to conduct re-exam or not. So, it is not definitely true.
Hence, "I" is the answer.