It has been incorporated as a public limited company with 100 percent GOI equity under the Department of Post. The main objective is to promote digital payments and remittances, while IPPB mainly focuses on savings. Services launched by IPPB include life and general insurance, digital life certificate, domestic money transfer. - Statement 1 is correct: IPPB was incorporated as a public limited company under the Department of Post in 2016. It received the final Reserve Bank of India (RBI) license in January 2017 and commenced operations in April 2018. So, it was established/incorporated in 2016. - Statement 2 is correct: IPPB has been incorporated as a public limited company under the Companies Act, 2013, with 100 percent equity held by the Government of India, functioning under the Department of Post (Ministry of Communications). - Statement 3 is incorrect: The main objective of IPPB is to provide accessible, affordable, and trusted banking and payment solutions. While it promotes digital payments, remittances, and offers savings accounts, stating that it "mainly focuses on savings" is too narrow and potentially misleading. It's a payment bank, primarily facilitating payments and transfers, although savings are also a core offering. - Statement 4 is correct: IPPB leverages the vast postal network to offer various services including opening savings/current accounts, money transfer (DMT), bill payments, recharge, and facilitating third-party services like life and general insurance (as a corporate agent) and Digital Life Certificate (Jeevan Pramaan).