Which of the following statements about Priority Sector Lending (PSL) norms in India is/are correct as of 2025-2026? 1. The overall PSL target for Domestic Commercial Banks is 40 percent of Adjusted Net Bank Credit (ANBC) or Credit Equivalent of Off-Balance Sheet Exposures (CEOBE), whichever is higher. 2. A separate sub-target for lending to Weaker Sections is mandated within the PSL framework. 3. There is no penalty or shortfall allocation for failing to achieve the PSL targets, as the scheme is purely recommendatory. Select the correct answer using the codes given below:

Regarding the structural measures announced to enhance the financial health and governance of the cooperative banking sector in India, consider the following statements: 1. Loans sanctioned by banks to the National Cooperative Development Corporation (NCDC) for on-lending to cooperative societies are eligible for priority sector classification for all categories of banks, including Regional Rural Banks and Small Finance Banks. 2. The housing loan limits for Urban Cooperative Banks (UCBs) have been increased from 10% to 25% of their total loans and advances. 3. The maximum term for directors of Cooperative Banks has been extended from 8 years to 10 years through amendments in the Banking Regulation Act. Select the correct option:

Consider the following statements regarding the Viability Plan 2.0 for Regional Rural Banks (RRBs): I. The plan covers a further period of three years from 2025-26 to 2027-28. II. It comprises a defined set of 30 performance parameters anchored around four main key pillars. III. The initiative aims to strengthen financial stability and improve operational efficiency across all 50 RRBs. Which of the statements given above is/are correct?