In the context of Indian economy, which of the following is/are the purpose/purposes of 'Statutory Reserve Requirements'?1. To enable the Central Bank to control the amount of advances the banks can create2. To make the people's deposits with banks safe and liquid3. To prevent the commercial banks from making excessive profits4. To force the banks to have sufficient vault cash to meet their day-to-day requirementsSelect the correct answer using the code given below.

In the context of Indian economy, which of the following is/are the pu

1.	In the context of Indian economy, which of the following is/are the purpose/purposes of 'Statutory Reserve Requirements'?1. To enable the Central Bank to control the amount of advances the banks can create2. To make the people's deposits with banks safe and liquid3. To prevent the commercial banks from making excessive profits4. To force the banks to have sufficient vault cash to meet their day-to-day requirementsSelect the correct answer using the code given below.
A.	1 only
B.	1 and 2 only
C.	2 and 3 only
D.	1, 2, 3 and 4
Answer» C. 2 and 3 only