Teaching Business Studies Business Services Question Bank MCQ - Business Services

  • question_answer
    Consider the following statement(s).
    I. NEFT facilitates the transaction in a particular period of time.
    II. The remitter can track the NEFT transaction through the originating bank branch.
    III. There is limit on the amount of funds that could be transferred using NEFT.
    Which of the statement(s) given above is/are correct?

    A)  I and II                                    

    B)  II and III

    C)                     I and III                                   

    D)  All of these

    Correct Answer: A


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