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Discussion :: Banking Awareness

  1. Which of the following statements is incorrect regarding RTGS system?

  2. A.

     The transactions take place in real time

    B.

     The system operates on DNS (Deferred Net Settlement) basis

    C.

     The minimum amount that can be remitted is Rs. 2 lakh

    D.

     Service charges for RTGS transactions vary from one bank to another

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    Workspace

    Answer : Option B

    Explanation :

    Explanation Not Provided


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