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Banking General Awareness Financial Reforms in Banking Sector Question Bank Financial Reforms in Banking Sector

  • question_answer
    In which of the following fund transfer mechanisms, can funds be moved from one bank to another and where the transaction is settled instantly without being bunched with any other transaction?                [IBPS PO 2012]

    A)  RTGS              

    B)  NEFT

    C)  TT                  

    D)  EFT

    E)  MT

    Correct Answer: A

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