Read the following statements:The government has approved a proposal given by the NITI Aayog on draft modalities of the guarantee to operationalize the Budget announcement.As per the draft, a one-time partial credit to the Public Sector Banks for purchase of high-rated assets of financially sound Non-banking financial companies will be given. The Department of Financial Services would put in place an oversight mechanism for this scheme.Which of the following statements are correct?

Read the following statements:The government has approved a proposal g

1.	Read the following statements:The government has approved a proposal given by the NITI Aayog on draft modalities of the guarantee to operationalize the Budget announcement.As per the draft, a one-time partial credit to the Public Sector Banks for purchase of high-rated assets of financially sound Non-banking financial companies will be given. The Department of Financial Services would put in place an oversight mechanism for this scheme.Which of the following statements are correct?
A.	Only 1
B.	Only 2
C.	Both 1 and 3
D.	Both 2 and 3
E.	All are correct
Answer» E. All are correct