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In context of Banking system in India wh...

In context of Banking system in India what is the fullform of RTGS?

A

1 Real Time Gross Settlement

B

2 Random Time Gross Settlement

C

3 Real Time Gain Settlement

D

4 Reel Time Gain Settlement

Text Solution

Verified by Experts

The correct Answer is:
A
The term real-time gross settlement (RTGS) refers to a funds transfer system that allows for the instantaneous trSolfer of money and/or securities.
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