2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Reserve Bank of India will make available the National Electronic Funds Transfer system on a 24x7 basis from ____
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January 2020
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December 2019
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November 2019
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October 2019
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Explanation:
Detailed explanation-1: -IMPS offer an instant,24*7 interbank electronic fund transfer service capable of processing person to person, person to account and person to merchant remittances via mobile, internet and atms.
Detailed explanation-2: -All NEFT transactions can be settled within 24 hours. The actual time required for the settlement of these transactions, however, may vary from bank to bank.
Detailed explanation-3: -NEFT service is available round the clock 24×7 and 365 days on all days of the year. It is conducted in batches every 30 minutes throughout the day. In case you request for a transaction at 09:02 am, your transaction will probably be processed by 09:30 am.
There is 1 question to complete.