Directions: In the question below, a set of four statements is given, followed by some answer options to categorize these statements as facts, inferences and judgments. Consider the statements and decide which of the given choices is true.

F: Fact: If it relates to a known matter of direct observation, or an existing reality or something known to be true. J: Judgment: If it is an opinion or estimate or anticipation of common sense or intention. I: Inference: If it is a logical conclusion or deduction about something, based on the knowledge of facts.

1. The Union Budget has proposed Means-cum-Merit Scholarship Scheme to check the growing drop out rate of children in the schools situated in rural and tribal areas.
2. The pro-poor philosophy was evident in the budget as the Finance Minister proposed hike in divided distribution tax, and imposed fringe benefit tax on the salaried people.
3. Inflationary pressure compelled the Finance Minister to reduce the peak rate of custom duty to match the lower Asian levels though the dual excise duty structure on cement worried the Finance Minister.
4. The logic behind the duty cut was explained as the Finance Minister said, "I have put these revenues to good use to promote growth, equity and social justice."