Which of the following statements about the PM SVANidhi Scheme are correct? 1.         The scheme provides collateral-free loans to street vendors. 2.         Street vendors availing the loan can also receive a cashback on digital transactions. 3.         The loan under the scheme must be repaid within six months. Select the correct answer using the code given below:

Read the following passage and answer the Questions (Q no. 17 to 20) based on the passage. Street vendors in India play a vital role in the country’s informal economy, contributing significantly to employment generation, local commerce, and the accessibility of affordable goods and services. Despite operating in an unregulated environment, street vendors serve as a critical link between producers and consumers, offering everything from fresh fruits and vegetables to clothing, household goods, and street food. Their presence is particularly valuable in urban areas where they cater to the daily needs of millions, providing essential goods at competitive prices. Street vendors are a key part of India’s informal sector, which accounts for a substantial portion of the country's overall workforce. For many individuals, particularly those from economically disadvantaged backgrounds, street vending offers an accessible means of livelihood without the need for formal education or significant capital investment. It acts as a source of income for millions who might otherwise struggle to find employment in the formal sector, providing them with the financial stability needed to support their families. In addition to generating employment, street vendors contribute to the local economy by fostering a dynamic and flexible system of commerce. They create a decentralized marketplace, allowing consumers to purchase goods at convenient locations, often at more affordable prices than those found in formal retail outlets. This accessibility not only benefits lower-income consumers but also encourages competition, which helps keep prices in check for all segments of society.