Which of the following statements regarding credit delivery to the MSME sector are correct?
1. The RBI mandates collateral-free loans up to ₹10 lakh for all MSME borrowers under specific schemes.
2. The implementation of the Credit Linked Capital Subsidy Scheme (CLCSS) is reviewed annually for improvements.
3. Banks are required to convert general banking branches into specialized MSME branches based on the volume of MSME advances.
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
All of the above
5
None of the above