Question
What is NACH in banking?
Solution
National Automated Clearing House (NACH) is a centralised system, launched by NPCI with an aim to consolidate multiple ECS systems running across the country. NACH System can be used for making bulk transactions towards distribution of subsidies, dividends, interest, salary, pension etc. and also for bulk transactions towards collection of payments pertaining to telephone, electricity, water, loans, investments in mutual funds, insurance premium etc.
In the question, assuming the given statements to be true, find which of the conclusion (s) among given two conclusions is /are definitely true and th...
Statements:
A = C > E = F > D; Y < Z ≤ F
Conclusions:
I. E > Z
II. D ˃ Y
Statements: P ≥ Q ≥ R = S, Q ≥ T > U ≥ V
Conclusion:
I. P ≥ V
II. P > V
Which of the following symbols should be placed in the blank spaces (_) respectively (in the same order from left to right) to complete the given expre...
Statements: A ≥ M > E, K ≤ J ≤ D = E, B ≤ Z ≤ Y = K
Conclusion:
I. M > Y
II. D ≥ B
Statements : B ≤ C < E; D ≤ F ≤ G; E = D; A > B
Conclusions :
(i) E ≥ G (ii) A < E (iii) B ≤ G (iv) C < F
...Statement: C < X ≤ B > E < L < I
Conclusion: I. I > EÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â II. C < I
...Statements: T > V > Q > S; L > S > V ≥ O ≤ X < Y
Conclusions:
I. T > L
II. V ≥ Y
III. T > OÂ
A statement is given, followed by two conclusions I and II. Decide which of the given conclusions is/are true based on the statement. Â
Statemen...
In the question, assuming the given statements to be true, find which of the conclusion (s) among given two conclusions is /are definitely true and the...
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