Consider the following statements regarding Bank Board Bureau:n1. It is formed to select the Managing Directors of Public Sectors Bank.n2. The board was constituted in 2016.n3. It replaced the earlier appointment boards for selection of public sector bank (PSB) heads.n4. It aims to help banks develop innovative financial methods to raise capital, including mergers and acquisitions.nWhich of the above statements are correct?

• A. Only 1, 2 u0026 3
• B. Only 2, 3 u0026 4
• C. Only 1, 2 u0026 4
• D. Only 1, 3 u0026 4