Question

    Which of the following statements is / are true?

     I. NEFT settlement takes place at a particular point of time. (Six times a day during the week days and three times during Saturday.)

    II. RTGS transactions are processed continuously throughout the RTGS business hour.

    A Only I Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C Both I & II Correct Answer Incorrect Answer
    D Neither I nor II Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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