Consider the following statements regarding the NPS Vatsalya Scheme:

1. The scheme is available to all minor citizens below 18 years of age.

2. Upon attaining the age of majority, the plan can be seamlessly converted into a regular NPS account.

3. The Pension Fund Regulatory and Development Authority (PFRDA) is responsible for regulating and administering the scheme.

4. Subscribers are required to contribute a minimum of Rs 100/- per annum, with an upper limit of Rs 1000/- per annum on contributions.

How many of the above statements are correct?

1
​Only one
2
Only two
3
Only three
4
All four

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