Consider the following statements regarding the Regional Rural Banks (RRB):
1. Recapitalisation of RRBs is crucial to improve their capital-to-risk weighted assets ratio (CRAR).
2. One of the most important functions of RRBs is to provide funds to rural entrepreneurs.
Which of the statement/s given above is /are correct?
1
1 only
2
Neither 1 nor 2
3
2 only
4
Both 1 and 2