📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    ⚡ Month End Offer - Flat 52% Off On All Courses! Enroll Now ⚡
    00:00:00 AM Left

    Question

    In the context of banking sector of India, what is the

    full form of IMPS?
    A Immediate Payment Sector Correct Answer Incorrect Answer
    B Instant Payment Service Correct Answer Incorrect Answer
    C Instant Payment Sector Correct Answer Incorrect Answer
    D Immediate Payment Service Correct Answer Incorrect Answer

    Solution

    Immediate Payment Service is an instant payment inter-bank electronic funds transfer system in India. IMPS offers an inter-bank electronic fund transfer service through mobile phones.

    Practice Next

    Relevant for Exams:

    ask-question