Which of the following is/are the example(s) of Transfer Payment(s)?

1. Unemployment Allowance

2. Payment of Salary

3. Social Security Payments

4. Old age Pension

Select the correct answer using the code given below:

1
1 and 3 only
2
1, 2 and 3 only
3
1, 3 and 4 only
4
None of the above

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