1.

_Which of the following statements is incorrect regarding RTGS system?$?

A. The transactions take place in real time
B. The system operates on DNS (Deferred Net Settlement) basis
C. The minimum amount that can be remitted is Rs. 2 lakh
D. Service charges for RTGS transactions vary from one bank to another
Answer» C. The minimum amount that can be remitted is Rs. 2 lakh


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