BANKING GENERAL KNOWLEDGE
Question
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IMPS is functional through which of the following?
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ECS
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EFS
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NFS
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RTGS
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Explanation:
Detailed explanation-1: -Notes: National Financial Switch is a network of shared ATMs in India. The National Financial Switch facilitates routing of ATM transactions through inter-connectivity between the Bank’s Switches, thereby enabling the citizens of the country to utilize any ATM of a connected bank. IMPS utilizes this network.
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