As per the news published in a financial publication RBI is redesigning its ‘ECS’ to function as a Automated Clearing House (ACH) for bulk transactions. What is full form of ‘ECS’ ?

As per the news published in a financial publication RBI is redesignin

1.	As per the news published in a financial publication RBI is redesigning its ‘ECS’ to function as a Automated Clearing House (ACH) for bulk transactions. What is full form of ‘ECS’ ?
A.	Extra Closing System
B.	Electronic Cheque System
C.	Evening Cheque Sorter
D.	Evening Cheque System
E.	Electronic Clearing Service
Answer» F.

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As per the news published in a financial publication RBI is redesigning its ‘ECS’ to function as a Automated Clearing House (ACH) for bulk transactions. What is full form of ‘ECS’ ?

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