Answer: (a)

Explanation:
Real World Asset Tokenization refers to the digitisation of ownership rights of tangible or traditional financial assets (such as real estate, bonds, commodities, or art) into blockchain-based tokens.

Statement 1 is correct. Tokenization is indeed the process of converting real-world assets into digital tokens on a blockchain, enabling fractional ownership and easier transferability.

Statement 2 is correct. Tokenized assets can be traded on digital platforms that operate 24×7, unlike traditional markets. This improves accessibility and can support financial inclusion by lowering entry barriers through fractional ownership.

Statement 3 is correct. RWA tokenization allows individuals, including retail investors in India, to access high-value and high-growth asset classes (like real estate or global securities) in fractional form, which were previously limited to institutional or high-net-worth investors.