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Business Services — Business Studies STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceBusiness StudiesBusiness Services1 Mark
MCQ
A electronic fund transfer system under which transfer of funds take place from one branch of bank to another branch on real time and on gross basis is known as:
  • A
    NEFT
  • B
    EFT
  • ✓
    RTGS
  • D
    ATM
✓

Answer

Correct option: C.
RTGS
RTGS.

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