Read the following statements carefully:
1.The RBI has allowed banks to offer cheque book facility and other services to the no-frills account holders.
2.But they could not ask such account holders to maintain any minimum balance for such services.
3.As per the norms of no-frills account, account holders are not required to maintain minimum balance and can get certain minimum facilities for free.
Which of the above statements is/are correct?
1
Only 1
2
Only 1 and 2
3
Only 1 and 3
4
Only 2 and 3
5
All are correct