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      Which of the following are the provisions of SARFAESI Act which enables banks to reduce their non-performing assets (NPAs)?

1. Enforcement of Security Interest by secured creditor (Banks/ Financial Institutions).

2. Transfer of non- performing assets to asset Reconstruction Company which will then dispose of those assets and realise the proceeds.

3. To provide a legal framework for securitization of assets.

4. Assisting banks in making the credibility track record of customers under Credit Information Bureau of India (CIBIL).

A) 1 and 2                        

B) 1, 2 and 3

C)  2, 3 and 4        

D)        1, 2, 3 and 4