Which of the following statement(s) is/are correct about the ‘National Payments Corporation of India Limited’?
1. NPCI is an umbrella organisation for operating retail payments and settlement systems in India.
2. It is an initiative of the Reserve Bank of India and Indian Banks’ Association.
3. It has been incorporated as a ‘Not for Profit’ company under the provisions of Section 25 of the Companies Act.
4. BHIM App is developed by the NPCI itself.
Select the correct codes from below -