Recently, the Warehousing Development Regulatory Authority (WDRA) signed an MoU with Punjab & Sind Bank (PSB). Which of the following statements is/are correct regarding this initiative?
1. The MoU aims to offer loans against electronic Negotiable Warehouse Receipts (e-NWRs) to farmers and traders without any collateral requirements.
2. This initiative exclusively targets the agricultural sector and excludes traders or other categories of borrowers.
3. Loans under this agreement can be availed at attractive interest rates to enhance financial inclusion in rural areas.
Which of the statements given above is/are correct?
1
1 and 2 only
2
2 only
3
1 and 3 only
4
2 and 3 only