The concept of watnjagir emerged at the end of Akbar's reign. Which of the following statements are correct pertaining to watan jagir?

(i) It was a permanent and hereditary assignment

(ii) To punish an assignee, it could be confiscated.

(iii) To rewaerd an amir, new watan jagir could be created

(iv) Part of the revenues of watan jagir could be given in inam 

Choose the correct answer from the code given below:

1
(ii) and (iv) only
2
(i), (iii) and (iv) only
3
(i), (ii), (iii), (iiv)
4
(iii) and (iv) only

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