Discussion Forum : Nabard & Other Bank Examinations
Question -
RTGS stands for which of the following?
Answer: Option A
REAL-TIME GROSS SETTLEMENT SYSTEMS ARE SPECIALIST FUNDS TRANSFER SYSTEMS WHERE THE TRANSFER OF MONEY OR SECURITIES TAKES PLACE FROM ONE BANK TO ANY OTHER BANK ON A “REAL TIME” AND ON A “GROSS” BASIS.
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REAL-TIME GROSS SETTLEMENT SYSTEMS ARE SPECIALIST FUNDS TRANSFER SYSTEMS WHERE THE TRANSFER OF MONEY OR SECURITIES TAKES PLACE FROM ONE BANK TO ANY OTHER BANK ON A “REAL TIME” AND ON A “GROSS” BASIS.
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