Which of the following is / are correct statements regarding Narrow Banking? 

  1. In Narrow Banking, Banks just accept deposits and provide loans. 
  2. In Narrow Banking, there is rarely Asset Liability Mismatch.

Select the correct option from the codes given below:

[A] Only 1 is correct
[B] Only 2 is correct
[C] Both 1 & 2 are correct
[D] Neither 1 nor 2 is correct

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