MCQOPTIONS
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| 1. |
Which of the following is referred as fastest mode of transaction? [IBPS 2014] |
| A. | Transfer funds into different bank's accounts using NEFT (National Electronic Funds Transfer). |
| B. | Transfer funds into other bank accounts using RTGS (Real Time Gross Settlement). |
| C. | Transfer funds into various accounts using IMPS (Immediate Payment Service). |
| D. | Transfer funds into different account of the same bank |
| E. | None of these |
| Answer» C. Transfer funds into various accounts using IMPS (Immediate Payment Service). | |