Which of the following activities can Non-Banking Financial Companies (NBFCs) engage in?

1. Providing personal loans and microfinance credit

2. Lending against shares, securities, and property

3. Accepting deposits from the public under certain conditions

4. Undertaking insurance and mutual fund distribution

5. Issuing demand deposits.

Select the correct answer using the code given below:

1
1, 2, and 5 only
2
1, 3, and 4 only
3
1, 2, 3, and 4 only
4
2, 3, and 5 only

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