The term of office for the Chairperson and Members of the National Human Rights Commission is 5 years or until they reach the age of 70, whichever comes first (Option 1). This means they have to step down after 5 years or at the age of 70, whichever event happens first.

Option 2 suggests a term of 3 years or until the age of 70 is reached. This is incorrect as per the term duration.

Option 3 implies a term of 5 years or up to the age of 65. The term duration is correct, however, the age limit is incorrect.

Option 4 states a term of 3 years or until the age of 65, which is incorrect on both counts.

Alert - the correct answer should be Option 1. The term of office for the Chairperson and Members of the National Human Rights Commission is 5 years or until they reach the age of 70, rather than 3 years or up to the age of 70.