Answer-Regarding financial transactions what is SIDSPL?

The RBI has granted approval to SWIFT India Domestic Services Private Limited SIDSPL to provide messaging services for domestic financial transactions in India. SWIFT stands for Society for Worldwide Interbank Financial Telecommunication.

Question

Regarding financial transactions what is SIDSPL?

A 1) Secured and Instant Domestic Services Private Limited

B 2) SWIFT India Domestic Services Private Limited

C 3) Secured Instructions Domestic Services Private Limited

D 4) Secured and Instant Domestic Services Private Limited

E 5) All of the above are correct

Practice Next

More Economy and Banking and Finance Static Concepts Questions

What is absorption time?
Which of the following is the secondary function of Banks? I. Collecting and supplying business information. II. Issuing letters of credit, traveller’s c...
What is SARFAESI about?
Which committee is formed for the Banking Supervision?
’Namami Gange Jagriti Yatra’’ is a new awareness drive has been launched by which of the following state?
____________ is the distribution of payment into multiple cash flow instalments.
__________ is the ability of commercial banks to increase their deposits by expanding their loans and advances.
The Banking Ombudsman Scheme was come into effect from
The Headquarter of SIDBI was located in __________
Under SBI Act, 1959, how many associate banks of SBI were formed from 8 princely states ?

Relevant for Exams:

RBI Grade B
SEBI Grade A
RBI Grade B DEPR
RBI Grade B DSIM
SEBI Grade A IT

Hey! Ask a query

Regarding financial transactions what is SIDSPL?

Detailed Solution

More Economy and Banking and Finance Static Concepts Questions

Relevant for Exams:

Hey! Ask a query

Please Register/Login