Consider the following pairs:
| Column - I | Column - II |
| 1. Effective Revenue Deficit | Fiscal deficit - interest payments |
| 2. Primary Deficit | Revenue Deficit - grants for the creation of capital assets |
| 3. Monetized Deficit | Government deficit financed by borrowing from the RBI. |
Which of the pairs given above is/are correctly matched?
1
3 only
2
1 and 2
3
2 and 3
4
1, 2, and 3