Consider the following statements about discretionary actions under the PCA Framework for UCBs:
1. Discretionary actions include restricting credit exposure to high-risk sectors.
2. RBI can impose additional audits or inspections of the bank.
3. Restrictions on branch expansion are mandatory, not discretionary.
Which of the statements given above is/are correct?
1
1 only
2
2 and 3 only
3
1 and 2 only
4
All of the above
5
None of the above