Which of the following facts regarding the Banking Regulation (Amendment) Bill, 2017 has been passed by the Parliament?

• A. Under the new law, the Reserve Bank will get the right to give instructions to banks to initiate necessary action for recovery of bad loans.
• B. The bill, once passed in Parliament, will amend a 1949 law relating to it and replace an ordinance promulgated in May in this regard.
• C. (1) and (2) both
• D. neither of the above