Many policy initiatives taken by the Government of India in the 1991 reforms were based on the recommendations of the Narasimham Committee-I report. In this context, which of the following recommendations were suggested by the committee report?

1. Regulating price structures of commodities

2. Setting up Asset Reconstruction fund

3. Reduction in Statutory Liquidity Ratio of the Banks

4. De-regulation of interest rates

Select the correct answer using the code given below.