Question

NEFT transfers in India are settled in:

1.
Batches at half-hourly intervals
2.
Once a day
3.
Real time continuously
4.
Once a week
Answer (Detailed Solution Below)

Option 1 : Batches at half-hourly intervals

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Detailed Solution

सही उत्तर Batches at half-hourly intervals है।

Key Points

NEFT transactions are settled in batches at half-hourly intervals, unlike RTGS which is settled in real time.

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More Domain-Specific Questions

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Question:

NEFT transfers in India are settled in:

1.
Batches at half-hourly intervals
2.
Once a day
3.
Real time continuously
4.
Once a week

Correct Answer: Batches at half-hourly intervals

NEFT transactions are settled in batches at half-hourly intervals, unlike RTGS which is settled in real time.

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