Which of the following statements about SEBI's revised Basic Services Demat Account (BSDA) limit are true?
- SEBI raised the threshold for the basic service demat account to Rs 10 lakh from the current Rs 2 lakh.
- The new guidelines will come into force from September 1, 2024.
- An individual can hold only one BSDA in his name across all depositories to be eligible for BSDA.
1
Only 1
2
Only 1 and 2
3
Only 2 and 3
4
Only 1 and 3
5
All of the above