Which of the following fall within the purview of the Current account under the Balance of Payments?

1. Insurance receipts

2. Non-resident deposits

3. External commercial borrowing

4. Grants received by the Government from multilateral institutions

Select the correct answer using the code given below:

1
1 and 4 only
2
2 and 3 only
3
1 and 3 only
4
2 and 4 only

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