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Consider the following statements: 1. In India, Non‐Banking Financial Companies can access the Liquidity Adjustment Facility window of the RBI. 2. In India, Foreign Institutional Investors can hold the Government Securities (G-Secs). 3. In India, Stock Exchanges can offer separate trading platforms for debt. Which of the statements given above is/are correct?

A. 1 and 2 only
B. 3 only
C. 1, 2 and 3
D. 2 and 3 only

Explanation: