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      Question

      RTGS (Real Time Gross Settlement) handles high-value

      transactions and accounts for the largest share in value terms among payment systems. What is the minimum transaction limit for RTGS?
      A Rs 50,000 Correct Answer Incorrect Answer
      B Rs 1 lakh Correct Answer Incorrect Answer
      C Rs 2 lakh Correct Answer Incorrect Answer
      D Rs 5 lakh Correct Answer Incorrect Answer
      E No minimum limit Correct Answer Incorrect Answer

      Solution

      The minimum transaction amount for RTGS is Rs 2 lakh. RTGS accounts for the largest share of payment system transactions by value. NEFT has no minimum limit. RTGS operates on real-time settlement basis.

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