FDI in Multi-Brand Retail Trade (MBRT) in a products is now permitted in India subject to
1. a ceiling of 51%
2. minimum amount to be brought in as PDI by the foreign investor is US $ 100 million
3. At least 50% of the procurement of manufactured/ processed products should be sourced from 'small industries'
4. retail sales locations set up only in cities with a population of more than 10 lacs
Select the correct condition/ conditions using the code given below.

Options

A. 1, 2, 3 and 4
B. 1 and 4 only
C. 2 only
D. 1, 2 and 4 only