Question
What is correct about RTGS and NEFT: i)Â RTGS is
intended for big amount and NEFT is for smaller amount. RTGS can be done for amounts of minimum Rs.2 lakh ii) RTGS funds are settled on continuous basis while NEFT has settlement slots iii) NEFT can be used through mobile banking but not RTGS iv) Transaction charge are same for both NEFT and RTGSSolution
NEFT (National Electronic Funds Transfer) transactions are settled in batches which run at an interval of 30 minutes, 23 settlements occurring between 8:00 AM and 7:00 PM. RTGS (Real Time Gross Settlement), as the name suggests is based on ‘real’ time settlement. Â
Which of the following species is Indian major carps
In onion, smell occurs due to the presence of?
What is the purpose of AGMARK certification?
Which of the following is known as fertilizer tree?Â
In Stage III of Law of Diminishing marginal returns, the value of Elasticity of production is
What is the term for the process of converting atmospheric nitrogen gas into a form that plants can absorb?
For most of the cereal grains, moisture content for safe storage isÂ
The soils of very cold climates which are defined as containing permafrost within two meters of the soil surface belongs to the order
Which of the following disease occurs due to deficiency of zinc in rice?
Where is the ICAR-Central Institute for Arid Horticulture located?
Relevant for Exams:
