3. Consider the following data regarding mobile banking in India noted from a news item in a newspaper in April 2010:
1. 32 banks have been given approval to provide mobile banking facility in the country by the Reserve Bank of India
2. Banks are permitted to offer mobile banking subject to a daily cap of Rs. 50,000/- per customer for both funds transfer and transactions involving purchase of goods/ services.
3. Transactions up to Rs. 5,000/- can be facilitated by banks without end-to-end encryption.
In which of the above notes, there is a typing error?