Question

Which service is mandated by the RBI to verify the beneficiary's account name before transactions by April 1, 2025?

A Immediate Payment Service (IMPS)
B Unified Payments Interface (UPI)
C Real-Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT)
D Bharat Bill Payment System (BBPS)
E Prepaid Payment Instruments (PPIs)
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