What is/are the facility/facilities the beneficiaries can get from the services of Business Correspondent (Bank Saathi) in branchless areas? 1. It enables the beneficiaries to draw their subsidies and social security benefits in their villages. 2. It enables the beneficiaries in the rural areas to make deposits and withdrawals. Select the correct answer using the code given below.

1. Business Correspondents (BCs), also known as Bank Saathi, act as agents for banks to provide basic banking services in areas lacking physical bank branches (branchless areas). 2. Statement 1 is correct. A primary role of BCs is to facilitate access to government schemes and payments. They enable beneficiaries to draw their subsidies (like MGNREGA wages, pensions) and social security benefits directly in their villages, enhancing financial inclusion. 3. Statement 2 is correct. BCs are equipped to handle basic banking transactions. They enable beneficiaries, particularly in rural areas, to make small-value deposits into their accounts and perform cash withdrawals using micro-ATMs or handheld devices. 4. Therefore, both facilities listed are key services offered by Business Correspondents.