Banking General Awareness Modern Banking Question Bank Previous Years Questions - Modern Aspects of Banking

  • question_answer
    Which of the following is referred as fastest mode of transaction?                                [IBPS 2014]

    A)  Transfer funds into different bank's accounts using NEFT (National Electronic Funds Transfer).

    B)  Transfer funds into other bank accounts using RTGS (Real Time Gross Settlement).

    C)  Transfer funds into various accounts using IMPS (Immediate Payment Service).

    D)  Transfer funds into different account of the same bank

    E)  None of these

    Correct Answer: B


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