GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The term EFT means
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electrical funds transfers
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electronic funds transfers
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electronic foreign transfers
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electronic financial transfers
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Explanation:
Detailed explanation-1: -An electronic funds transfer (EFT) is a way to move money across an online network, between banks and people. EFT payments are frequently used in place of paper-based payment methods-like checks and cash-to make transactions faster and safer.
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