Which of the following was a key feature of Warren Hastings' Ring Fence Policy, aimed at countering external threats like the Marathas, Mysore, and Hyderabad?

1
 Direct annexation of Indian princely states to expand British control
2
Formation of alliances with Indian rulers to create buffer states, shifting defense costs onto them
3
Introduction of economic reforms to strengthen British financial dominance in India
4
 Imposition of British military presence in all major Indian kingdoms to ensure security

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