Consider the following statements regarding the Centralised Pension Payment System (CPPS):

1. The CPPS will allow pensioners to receive their pensions from any bank, any branch, anywhere in the country.

2. Pensioners will still need to transfer Pension Payment Orders when they move from one location to another.

Select the correct answer using the code given below:

1
Only 1
2
Only 2
3
Both 1 and 2
4
Neither 1 nor 2

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