The Govt. of India and Reserve Bank of India is planning to set up an autonomous "ATM corporation of India" in which various banks can get together for common ATM operations. If this happens how will we all be benefited by the same? (1) It will be a cost effective measure as each bank can share its operational cost with others. (2) Clients can withdrawn money from any ATM from any location. They are not required to go to their banks' ATM only. (3) It will indirectly help the IT business also as India has a large pool of IT skilled manpower waiting for suitable placement.

• A. (A) Only 1
• B. (B) Only 2
• C. (C) Both 1 & 2
• D. (D) All 1, 2 & 3
• E. (E) None of these