Consider the following statements about the Reserve Bank of India's (RBI) actions and observations regarding asset reconstruction companies (ARCs):
- The RBI found that some ARCs allowed themselves to be used as conduits to evergreen distressed assets.
- The RBI has barred Edelweiss ARC from acquiring financial assets and security receipts.
- The RBI encouraged ARCs to focus solely on warehousing stressed assets for a fee.
Which of the statements given above are correct?
1
1 only
2
1 and 2 only
3
2 and 3 only
4
1 and 3 only
5
1, 2, and 3