Consider the following statements about the enhancements in the Pradhan Mantri Mudra Yojana (PMMY) as per the Union Budget 2024-25:

  1. The loan limit under the "Tarun Plus" category has been increased from Rs. 10 lakh to Rs. 20 lakh for entrepreneurs who have previously availed loans in the Tarun category.
  2. The new "Shishu" category under PMMY covers loans up to Rs. 1 lakh for upcoming entrepreneurs.
  3. An overdraft facility of Rs. 10,000 sanctioned under PMJDY accounts is also eligible to be covered under the Credit Guarantee Fund.

Which of the statements given above is/are correct?

1
Only 1 and 2
2
Only 1 and 3
3
Only 2 and 3
4
Only 1
5
1, 2, and 3

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