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Which of the following statements about the India Post Payments Bank (IPPB. is/are correct?
1) It has been incorporated as a Public Limited Company.
2) It started its operation by establishing two pilot branches at Hyderabad and Varanasi.
Select the correct answer using the code given below.

[CDS-I 2018 General Awareness(PYSP)]
A
B
C
D
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