The correct option is 2 (Assets in India).

Section 25 of the Banking Regulation Act, 1949 deals with the assets in India. This section mandates that certain banking companies must maintain their assets in India in order to ensure the financial stability and security of their operations within the country. The provision ensures that banks operating in India have a significant portion of their assets within the jurisdiction, contributing to the stability of the banking sector and protecting the interests of depositors and the economy.