Explanation:

All three are correct.

• The Lok Sabha recently passed the Banking Laws (Amendment) Bill, 2024 by a voice vote.

About Banking Laws (Amendment) Bill, 2024

• It introduces significant changes aimed at improving governance in the banking sector and enhancing customer convenience.

• The bill seeks to amend five acts: the Reserve Bank of India Act, 1934; the Banking Regulation Act, 1949 (or the BR Act); the State Bank of India Act, 1955; the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980.

• Key provisions include allowing bank account holders to nominate up to four individuals for their accounts, with an option for successive or simultaneous nominations. 

• Locker holders, however, will be restricted to successive nominations.

• The bill also proposes a revision to the definition of "substantial interest" for directorships, raising the threshold from Rs 5 lakh to Rs 2 crore.

Hence option 3rd is correct.