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    4. Economy and Banking and Finance Static Concepts
    5. In RTGS, S stands for

    Question

    In RTGS, S stands for

    A Settlement Correct Answer Incorrect Answer
    B Services Correct Answer Incorrect Answer
    C Score Correct Answer Incorrect Answer
    D Society Correct Answer Incorrect Answer
    E None of these. Correct Answer Incorrect Answer

    Solution

    RTGS stands for real time gross settlement, which means that it enables money to move from one bank to another on a real time and gross basis.

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