Consider the statements regarding QR-Code-based Coin Vending Machines (QCVM) and coin circulation in India.

1. The amount is debited from the account using UPI.

2. It will curb fake currency and prevent the hoarding of coins

3. The currency coin in circulation has dipped since the launch of Digital transactions and continuously dropping over the years.

Which of the above statements are correct?

1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
1, 2 and 3

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