engineering recuitment ICAR Technician 2021 Mock Test (Re-Exam) Current Affairs Business and Economy Economic and Financial Affairs
With reference to the SWIFT system which of the following statements is incorrect?
1
It is a messaging system for banks and other financial institutions around the world.
2
It settles money itself and provides instructions on how to give and receive specific funds.
3
It is controlled by the central banks of the G10 countries, the European Central Bank, and the National Bank of Belgium.
4
Iran and North Korea are not members of the SWIFT platform.