Consider the following pairs:

Monetary Tool Feature
1. Cash Reserve Ratio RBI reduces the CRR to increase the money supply in the market.
2. Statutory Liquidity Ratio If it reduces, then a decrease in the money supply is observed.
3. Repurchasing Option Rate In the case of inflation, central banks increase the repo rate.

Choose the correctly matched pair/pairs using the code given below:

1
1 and 2 only
2
1 and 3 only
3
2 and 3 only
4
1, 2 and 3

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