Read the following statements carefully:
1. The Centre’s recent ordinance banning unregulated monthly deposit schemes will not affect the ongoing monthly schemes operated by jewellery and chit fund firms.
2. Called the ‘Banning of Unregulated Deposit Scheme Ordinance’, it was promulgated by President Kovind during the last week of February 2018.
3. It is done to save gullible investors from losing money to Ponzi and fake deposit schemes.
Which of the above statements is/are correct?