Explanation
In VRF-Lite, Route distinguisher (RD) identifies the customer routing table and allows customers to be assigned overlapping addresses. Therefore it can support multiple customers with overlapping addresses -> Answer 'It can support multiple customers on a single switch' is correct.
VRFs are commonly used for MPLS deployments, when we use VRFs without MPLS then we call it VRF lite -> Answer 'It supports MPLS-VRF label exchange and labeled packets' is not correct.
VRF-Lite supports most populr routing protocols: BGP, OSPF, EIGRP, RIP, and static routing -> Answer 'It supports most routing protocols, including EIGRP, ISIS, and OSPF' is correct.