Question
Which of the following is a funds transfer system that
operates on a deferred net settlement (DNS) basis?Solution
NEFT operates in half-hourly batches where transactions are netted and settled at the end of each batch, making it a Deferred Net Settlement (DNS) system. RTGS and IMPS are real-time gross settlement systems. UPI is real-time. SWIFT is a messaging network, not a settlement system.
The Indian Renewable Energy Development Agency Ltd (IREDA) signed MoUs with the _________and _________ that will focus on co-lending and loan syndicat...
With reference to the Fundamental Rights, consider the following statements:
1. The rights under Article 15 and Article 16 can be enforced agains...
When did the Ministry of Development of North Eastern Region (MDoNER) organize Swachhata Pakhwada in 2024?
Which South Indian state inaugurated the largest leopard safari at Bannerghatta Biological Park?
Recently Prime Minister launched a global initiative “ LiFE ” movement. What does “E” stand for?
Who is the Minister of Parliamentary Affairs?
What is the primary goal of the Sagar Parikrama program undertaken by the Department of Fisheries, Government of India?
Where is the headquarter of Transparency international?
Which festival is celebrated by the Adi tribe of Arunachal Pradesh?
A consortium led by Tata Consultancy Services (TCS) has received an advance purchase order valued at over ________ from BSNL for deploying a 4G network ...