Consider the following statements regarding the Near Field communications (NFC):
1. NFC uses magnetic fields to connect devices
2. It’s a short range wireless technology that works within a few centimetres
3. It can be used for safe financial transactions
Which among the above statements is / are correct?

Answer: [D] 1, 2 & 3

NFC uses magnetic fields to connect devices. It is a short range wireless technology that can work up till a few centimetres. It is very fast and takes just a second to connect to a NFC-ready device when within range. It can be used for financial transactions, sharing content, streaming multimedia, initiating multiplayer gaming, pairing Bluetooth and to read various NFC tags for identification, coupons, advertisements and so on.

This question is a part of GKToday's Integrated IAS General Studies Module