With reference to the Automatic Exchange Of Information (AEOI), consider the following statements:
1. It aims to bring transparency and restrict money laundering.
2. The guidelines and parameters for the AEOI are set by Organisation for Economic Co-operation and Development (OECD).
3. The annual exercise of AEOI exchange in India is kept in the custody of and for action by the Central Board of Indirect Taxes.
Which of the statements given above is/are correct?1
1 and 2 only
2
2 only
3
3 only
4
2 and 3 only