Consider the following statements:1. The Lok Sabha in February 2017 passed the Specified Bank Notes Cessation of Liabilities Bill 2017.2. The bill replaces the Specified Bank Notes (Cessation of Liabilities) Ordinance, 20153. The bill exempts a person to hold up to 25 old notes for the purpose of study, research or numismatics (collection or study of coins or notes)Select the correct answer using the codes given below:

• A. Only 1 & 3                   
• B. Only 1 & 2
• C. Only 2 & 3                   
• D. All of the above