Question

Consider the following statements regarding bullion: 1) Bullion is a precious metal like gold or silver that is valued by weight and purity. 2) Bullion is always in the form of coins or jewelry. 3) Bullion can be in the form of ingots. Which of the statements given above is/are correct?

A 1 only
B 2 only
C 3 only
D 1 and 2 only
E 1 and 3 only
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