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प्रश्न
Real Time means there is ______.
विकल्प
Long waiting period
No waiting period
2 days waiting period
5 days waiting period
उत्तर
Real Time means there is No waiting period.
Explanation:
- RTGS is a funds transfer system under which funds are transferred from one bank to another in Real Time and in gross.
- Settlement on 'Real Time' means there is no waiting period. The transaction is settled as soon as it is processed.
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संबंधित प्रश्न
Write a Short note on IMPS.
Write a short note on NEFT.
It is a funds transfer system under which transfer of funds takes place from one bank to another on a real time and gross basis.
It is a countrywide system by which an individual, firm or company can electronically transfer funds from any bank branch to another individual, firm or company having an account with any other bank branch in the country.
IMPS stand for ______.
What is IMPS?
What is 'National Electronic Fund Transfer'?
Write a short note on 'RTGS'.
Compare and contrast the features of RTGS and NEFT.
What are Mobile wallets?
