MCQOPTIONS
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| 1. |
Which of the following statements is incorrect regarding RTGS system? |
| A. | he transactions take place in real time |
| B. | he system operates on DNS (Deferred Net Settlement) basis |
| C. | he minimum amount that can be remitted is Rs. 2 lakh |
| D. | ervice charges for RTGS transactions vary from one bank to another |
| Answer» C. he minimum amount that can be remitted is Rs. 2 lakh | |