 
			 
			MCQOPTIONS
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				| 1. | Recently introduced by National Payments Corporation of India (NPCI), the 'NACH' is a centralised [RBI Grade B 2016] | 
| A. | application processing for banks system | 
| B. | Credit appraisal system | 
| C. | Electronic clearing system | 
| D. | Core Banking system | 
| E. | None of those given options | 
| Answer» D. Core Banking system | |