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    5. Which payment system allows for realtime, onetoone remittance of funds?

    Question

    Which payment system allows for realtime, onetoone

    remittance of funds?
    A NEFT Correct Answer Incorrect Answer
    B RTGS Correct Answer Incorrect Answer
    C IMPS Correct Answer Incorrect Answer
    D UPI Correct Answer Incorrect Answer
    E ECS Correct Answer Incorrect Answer

    Solution

    RealTime Gross Settlement (RTGS) is a payment system that allows for realtime, onetoone remittance of funds, typically used for largevalue transactions where immediate clearing is required.

    Practice Next
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    • RBI Grade B

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