Which of the following is not true about RTGS?
1
It's a system where there is continuous and real- time settlement of fund-transfers.
2
The minimum limit of the amount transacted through RTGS is Rs. 1,00,000
3
There is no maximum limit of the amount transacted through RTGS.
4
RTGS is available on the 24x7x365 basis.
5
The acronym 'RTGS' stands for Real Time Gross Settlement.