The mid term review of the Monetary and Credit Policy of the RBI (for 2007-08) took place in January 2008. Which of the following is true about the same ?
1. CRR hiked by 0.5 per cent to make it 7.5% w.e.f. 10th February, 2008.
2. GDP growth outlook at 8.5% for 2007-08.
3. Call and put options are now allowed in imports and exports