⚡ Rakhi Special - Flat 52% off on All Courses from 6 to 10 Aug! ⚡ Enroll Now

    Question

    ___________ is an electronic fund transfer system that

    operates on a Deferred Net Settlement (DNS) basis which settles transactions in batches.
    A IMPS Correct Answer Incorrect Answer
    B BBPS Correct Answer Incorrect Answer
    C NPCI Correct Answer Incorrect Answer
    D RTGS Correct Answer Incorrect Answer
    E NEFT Correct Answer Incorrect Answer

    Solution

    National Electronics Funds Transfer (NEFT) is an electronic fund transfer system that operates on a Deferred Net Settlement (DNS) basis which settles transactions in batches.

    Practice Next

    Relevant for Exams:

    ask-question