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Which of the following statements regarding laterate soils of India are correct?
1. They are generally red in colour.
2. They are rich in nitrogen and potash.
3. They are well-developed in Rajasthan and UP.
4. Tapioca and cashew nuts grow well on these soils.
Select the correct answer using the codes given below.

1, 2 and 3
2, 3 and 4
1 and 4
2 and 3 only
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