Consider the following statements.
1. In the reform policies after 1991, Industrial licensing was abolished for drugs, and pharmaceuticals and private companies could invest in the same.
2. Import licensing was abolished except in the case of hazardous and environmentally sensitive industries.
3. The trade policy reforms aimed at dismantling quantitative restrictions on imports and exports
Which among the above statements is/are correct?
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
All are correct