The correct option is 1 and 3 only because the Government’s 'Sovereign Gold Bond Scheme' and 'Gold Monetization Scheme' aim to mobilize the substantial amount of idle gold held by Indian households and bring it into the formal economy. This helps to reduce India's heavy dependence on gold imports, which significantly impacts the trade balance and foreign exchange reserves. By facilitating investments in gold through these schemes, the government also seeks to promote financial inclusion and create a more efficient gold market, but it does not directly aim to promote Foreign Direct Investment (FDI) in the sector.