Consider the following statements about RBI's revised framework for domestic money transfer (DMT) services:
- RBI mandates additional authentication for every transaction.
- Remitting banks must obtain the beneficiary’s name and address.
- The revised framework will come into effect from January 1, 2025.
Which of the above statements is/are correct?
1
1 only
2
1 and 2 only
3
2 and 3 only
4
1 and 3 only
5
All of the above