Which of the following pair is not correctly matched?

1. Bank rate It is the minimum rate at which the central bank discounts first-class bills and provides credit to commercial banks.

2. Statutory Liquidity Ratio (SLR) It is the ratio of total demand and time deposits of commercial banks which it has to keep in the form of specified liquid assets.

3. Cash Reserve Ratio (CRR)
It is the ratio of bank deposits that the commercial banks must keep with the central bank as reserves.

4. Reverse repo rate It is the policy of the central monetary authority to sell and buy government securities in the market.

Select the correct answer using the code given below:

Pair 1 and 2 only

Pair 2 only

Pair 4 only

Pair 1, 2, 3, and 4

1. Bank rate	It is the minimum rate at which the central bank discounts first-class bills and provides credit to commercial banks.
2. Statutory Liquidity Ratio (SLR)	It is the ratio of total demand and time deposits of commercial banks which it has to keep in the form of specified liquid assets.
3. Cash Reserve Ratio (CRR)	It is the ratio of bank deposits that the commercial banks must keep with the central bank as reserves.
4. Reverse repo rate	It is the policy of the central monetary authority to sell and buy government securities in the market.