Hudco is seeking to increase the interest rates on loans offered to the economically weaker section by 2-2.5 per cent. The ministry of urban employment would soon seek the Cabinet not for the move. Otherwise, Hudco would suffer a loss of Rs 988 cr over the next 15 years. Which of the following can be inferred from the given statements?
1) Hudco offers loans at a rate lesser than that offered by any other institution.
2) Hudco offers loans to only the economically weaker sections.
3) Hudco has been in the red over the past few years.
4) Urban employment is a loss-making ministry.
5) Hudco's emphasis has been on social rather than profit-making.

Explanation

5,