1.

The Social Welfare department of a state would like to provide scholarship to all the students studying across the state. Details, such as the bank and account number for every student are available with the department. The scholarship amount varies from Rs. 40,000 to Rs. 90,000. Which of the following methods should be used to transfer the scholarship to individual student's bank account ?

A. RTGS
B. NEFT
C. Either RTGS or NEFT
D. Neither RTGS nor NEFT
Answer» C. Either RTGS or NEFT


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