Consider the following statements regarding the inclusion of Indian Government Bonds (IGBs) in JP Morgan’s emerging markets bond index:

1. The higher inflows from the inclusion of IGBs will help India manage its external finances and boost foreign exchange reserves.

2. Scheduled commercial banks’ gross non-performing assets (GNPA) ratio is likely to fall further due to the inclusion of IGBs in the index.

3. Higher inflows will boost the rupee, but inflation is likely to come under pressure as the RBI mops up dollars and releases an equivalent amount in rupees.

Which of the statements given above are correct?