Consider the following statements about the MRTP Act, 1969.

1. It tried to ensure equitable distribution of wealth and resources.

2. It checked monopolistic tendencies and unfair trade practices.

3. It was replaced by Foreign Exchange Regulation Act.

Which of the above statement(s) is/are correct?

1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
1, 2, and 3

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