Question

What is the full form of IFSC used in digital banking transactions?

Q: Answer-What is the full form of IFSC used in digital banking transactions?

IFSC is an 11-digit alphanumeric code used to uniquely identify bank branches participating in online fund transfers like NEFT, RTGS, and IMPS in India.

A Indian Financial System Code

B International Financial System Code

C Indian Fund Selection Code

D Internal Financial Security Code

E Indian Financial Settlement Code

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