Which of the following statements about the MoMSME and ONDC’s Trade Enablement and Marketing (TEAM) Initiative is correct?

  1. The initiative has a total budget of ₹277.35 crore and will be implemented over three years.
  2. It aims to onboard 5 lakh micro and small enterprises, with at least 25% being women-led businesses.
  3. The initiative was launched by the Ministry of Commerce and Industry in collaboration with ONDC.

1
Only 1 and 3
2
Only 1 and 2
3
Only 2 and 3
4
Only 1
5
None of the above

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