Which of the following is a type of electronic fund transfer service provided by banks in India?RTGSIFSCEMICIBIL

Question

Which of the following is a type of electronic fund transfer service provided by banks in India?RTGSIFSCEMICIBIL
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Solution 1

RTGS (Real Time Gross Settlement) and IFSC (Indian Financial System Code) are types of electronic fund transfer services provided by banks in India.

  1. RTGS: This is a system where the processing of funds transfer instructions takes place at the time they are received (real time). Also, the settle Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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