Consider the following statements regarding Regional Rural Banks (RRBs) in India: 1. The amalgamation of RRBs was initiated in 2005-06 to improve their operational viability and scale of economies, reducing their number significantly. 2. RRBs are allowed to provide internet banking and mobile banking services to their customers subject to meeting RBI's specified criteria. 3. The capital of RRBs is held by the Central Government, State Government, and Sponsor Bank in the ratio of 40:30:30. Which of the statements given above are correct?

Options:

  • A: 1 and 2 only
  • B: 2 and 3 only
  • C: 1 and 3 only
  • D: 1, 2 and 3

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