General Studies · Payment Systems
In India, Real Time Gross Settlement (RTGS) is a payment system used for transferring large sums of money in real-time. What is the minimum transaction amount required for an RTGS transaction, as stipulated by the Reserve Bank of India (RBI)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹50,000
- 2₹1,00,000
- 3₹2,00,000✓
- 4₹5,00,000
Correct answer
₹2,00,000
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