In the circuit shown below, the key is pressed at time . Which of the following statement(s) is(are) true [2016]

(1, 2, 3, 4)
At , i.e., as soon as the key is pressed, capacitors act as short circuit and voltmeter displays reading .
At , i.e., after a long time of key press, capacitors act as open circuit and no current flows through voltmeter ( very high resistance of voltmeter) so it displays

i.e., at time s voltmeter will display reading 0V.
i.e., after 1s current in the ammeter becomes of the initial value.
After a long time no current flows since both capacitor and voltmeter do not allow current to flow.