BANK Union Bank of India Local Bank Officer Mock Test 2024 Banking and Financial Awareness Banking Act or Policies
Which of the following are true regarding Immediate Payment Service (IMPS)?
a. It is real-time inter-bank electronic funds transfer system in India.
b. It is managed by the National Payments Corporation of India (NPCI).
c. The service is available 24/7 throughout the year including bank holidays.
d. IMPS was publicly launched in 2012.
1
a, b, c and d
2
a, b and d
3
a, b and c
4
b, c and d
5
a and b