Consider the following statements about DICGC's depositor payout:
1. The Deposit Insurance and Credit Guarantee Corporation of India (DICGC) takes nearly 30 days on average to reimburse insured depositors.
2. This average is above the global average.
3. India's deposit insurance is mandatory for all banks, including foreign banks operating in India.
4. DICGC's reimbursement period has increased in recent years.
Which of the above statements is/are correct?
1
1 and 3 only
2
2 and 4 only
3
1, 3, and 4 only
4
1, 2, and 3 only
5
1, 2, 3, and 4