Which of the following statements about the RBI's proposal to ease export and import transaction norms are true?
- RBI aims to grant more autonomy to banks for efficient services to forex customers.
- The amount of gold allowed for import should be repatriated within nine months.
- The rationalization of norms covers remittance for the import of goods and services.
1
Only 1
2
Only 1 and 2
3
Only 2 and 3
4
Only 1 and 3
5
All of the above