Question: What is a primary function of the Common API Framework (CAPIF) in relation to service API providers?
Option 1: To provide mechanisms for capturing and reporting service API invocation events, enabling overload/threat condition notifications, and applying customizable monitoring filters.
Option 2: To manage User Equipment (UE) connections and handle mobility between different Radio Access Networks (RAN).
Option 3: To optimize data transfer protocols for efficient media delivery over wireless networks.
Option 4: To standardize billing interfaces for various telecom services.
Explanation: This option correctly encapsulates the key functionalities of CAPIF, including capturing and reporting API invocation events, notification of system overload or threat conditions, and applying monitoring filters, crucial for service API providers to manage, monitor, and secure their APIs.