Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Banking and Financial Institutions Financial Regulators in India Mobile Banking
Which of the following are objectives of Immediate Payment Service (IMPS)?
A. To enable bank clients to use mobile instruments as a channel for accessing their bank accounts and remit funds
B. To build the foundation for a full range of mobile based banking services.
C. To sub-serve the goal of Reserve Bank of India (RBI) in digital payments.
D. To make payments simpler with the mobile number of the baneficiary
E. To restrain a nation-wide payment system facilitating one-to-one funds transfer
Choose the most appropriate answer from the option given below:
1
A, C, D and E Only
2
A, B, C and D Only
3
B, C, D and E Only
4
B, A, E and D Only