Interest rates in India have been reduced in recent years for a number of objectives.1. To induce private investments2. To facilitate cheap public borrowing3. To encourage savings4. To reduce economic inequalitiesWhich of the above is/are not correct ? Select it from the code given below—Codes :

• A. 1 and 2
• B. 2 and 3
• C. 3 and 4
• D. 2 and 4