Consider the following statements regarding the Reserve Bank of India's (RBI) recent initiative to review trading and settlement timings:
- The RBI has established a nine-member working group to assess the current trading and settlement timings of financial markets under its regulation.
- The working group is chaired by the Executive Director of the RBI, Radha Shyam Ratho.
- The group is tasked with implementing new trading hours across all financial markets by April 30, 2025.
Which of the above statements is/are correct?
1
1 only
2
1 and 3 only
3
3 only
4
2 and 3 only
5
1 and 2 only