Which of the following factors led to a decline in inflation rate in India during 2014-2015?
1. Persistent decline in crude oil prices 2. Softness in global prices of tradables such as edible oils and coal . 3. Tight monetary policy pursued by the Reserve Bank of India
Select the correct answer using the code given below.

Options

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