Which of the following statements regarding the report on 'Benchmarking India's Payment Systems' by the Reserve Bank of India is/are correct?
1
India was categorized as a 'leader' or 'strong' in respect of 25 out of 40 indicators.
2
India was categorized as 'weak' in respect of 8 (12 in the previous exercise) indicators.
3
The benchmarking exercise was first carried out in 2019 with respect to the position in 2017.
4
The Payments Infrastructure Development Fund (PIDF) scheme was operationalized in 2021 to enhance the acceptance infrastructure and bridge the gap.
5
All of the above