Banking General Awareness Banking Innovation in India Question Bank Banking Innovation in India

  • question_answer
    Recently introduced by National Payments Corporation of India (NPCI), the 'NACH' is a centralised                              [RBI Grade B 2016]

    A)  application processing for banks system

    B)  Credit appraisal system

    C)  Electronic clearing system                     

    D)  Core Banking system

    E)  None of those given options

    Correct Answer: C


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