Which of the following statements is/are correct regarding Smart India Hackathon 2017? 1. It is a centrally sponsored scheme for developing every city of our country into Smart Cities in a decade. 2. It is an initiative to identify new digital technology innovations for solving the many problems faced by our country. 3. It is a programme aimed at making all the financial transactions in our country completely digital in a decade. Select the correct answer using the code given below:

1. Incorrect. Smart India Hackathon 2017 was not a centrally sponsored scheme to convert every city into a Smart City. That description relates loosely to the Smart Cities Mission, not the hackathon.

2. Correct. Smart India Hackathon was an initiative to crowdsource digital/technology solutions from students for real problems faced by ministries, departments and industries in India.

3. Incorrect. It was not a programme to make all financial transactions completely digital in a decade. That idea is unrelated to the purpose of the hackathon.

Therefore, only statement 2 is correct.