Read the following passage and answer the items that follow. Your answers to these items should be based on the passages only.

Many opportunities to harness the highly skewed, seasonal and spatial distribution of monsoon flows, which occur in a four-month period from June to September annually, have been lost. Since these few months account for most or the rainfall and consequent freshwater availability, the need for holding rainwater in reservoirs, for subsequently releasing it for use over the year, is a necessity nobody can afford to overlook. Climate change will continue to affect weather conditions and create water shortages and excesses. While millions suffer from droughts and floods, waters in the country's many rivers flow unutilized, and are discharged into the sea every year.

With reference to the above passage, which of the following could be the most rational and practical implications for India?

1. Inter-linking of rivers should be undertaken.

2. A network of dams and canals should be built across the country for proper distribution of water.

3. Farmers should be provided easy loans for digging borewells.

4. Usage or water for agriculture should be regulated by law.

5. Distribution of river water among regions should be regulated by the Union Government.

Select the correct answer using the code given below.