Consider the following statements regarding Non-Banking Financial Companies (NBFCs):
1. NBFCs are registered under the Banking Regulation Act, 1949.
2. Cash Reserve Ratio is not applicable to any type of NBFC.
3. NBFCs cannot engage in the acquisition of securities issued by the government.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
1 and 2 only
4
1, 2, and 3