Consider the following statements. I. NACH is a funds clearing platform. II. NACH has both debit and credit variants. III. NACH will replace ESS in 2018. Which of the above statements is/are correct?

Consider the following statements. I. NACH is a funds clearing platfor

1.	Consider the following statements. I. NACH is a funds clearing platform. II. NACH has both debit and credit variants. III. NACH will replace ESS in 2018. Which of the above statements is/are correct?
A.	I and II
B.	II and III
C.	I and III
D.	Only II
E.	I, II and III
Answer» D. Only II

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Consider the following statements. I. NACH is a funds clearing platform. II. NACH has both debit and credit variants. III. NACH will replace ESS in 2018. Which of the above statements is/are correct?

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