Consider the following statements regarding currency circulation in India:
1. The Government of India has the exclusive authority to mint coins.
2. Coins are issued directly by the Ministry of Finance to the public through designated banks.
3. As per the Coinage Act, 1906, coins can be issued up to the denomination of ₹1000.
Which of the statements given above is/are correct?
1
1 only
2
1 and 3 only
3
3 only
4
All of the above