Question:
Write the full form of ‘RTGS’.
Write the full form of ‘RTGS’.
Updated On: Dec 16, 2024
- Real Time Gross Settlement
- Royal Time Gross Settlement
- Real Time Group Settlement
- Real Timing Gross Settlement
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The Correct Option is A
Solution and Explanation
RTGS stands for Real Time Gross Settlement. It is a system where money is transferred electronically from one bank account to another in real time and on a gross basis. This method is used for high-value transactions.
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