Question

IFSC Code contains how many characters that facilitate fund transfer in any part of the country?

A 11 Correct Answer Incorrect Answer
B 7 Correct Answer Incorrect Answer
C 9 Correct Answer Incorrect Answer
D 13 Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The Indian Financial System Code (also known as IFSC) is an unique 11 character code for identifying the bank and branch which an account is held. The IFSC code is used by the NEFT, RTGS and IMPS finance transfer systems.

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