Comprehension Passage
National Payments Corporation of India (NPCI) has developed the National Electronic Toll Collection (NETC) program to meet the electronic tolling requirements of the Indian market. It offers an interoperable nationwide toll payment solution including clearing house services for settlement and dispute management. Interoperability, as it applies to the National Electronic Toll Collection (NETC) system, encompasses a common set of processes, business rules, and technical specifications that enable a customer to use their FASTag as payment mode on any of the toll plazas irrespective of who has acquired the toll plaza.
Consider the following statements regarding FASTags:
1. The FASTag device employs Radio Frequency Identification (RFID) technology for payments directly from the prepaid or savings account linked to it.
2. A FASTag is valid for five years and can be recharged as and when required.
3. NHAI FASTags are “bank-neutral”.
Which of the statements given above is/are correct?
1
1 only
2
1, 2 only
3
2, 3 only
4
1, 3 only
5
1, 2, and 3