Consider the following statements regarding “State Development Loans (SDLs)”:

1. SDLs can be counted towards the Statutory Liquidity Ratio (SLR) for banks.

2. SDLs are tradable instruments.

3. The Reserve Bank of India (RBI) manages the public debt of states.

Which of the statements given above is/are correct?

1
2 only
2
1 and 2 only
3
1 and 3 only
4
All of the above

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