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

  • 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 2012]

    A)  RTGS                          

    B)  NEFT

    C)  TT                              

    D)  EFT

    E)  MT

    Correct Answer: A

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