General Knowledge · Banking and Payment Systems
Match LIST-I with LIST-II LIST-I (Electronic Transfer System) A. RTGS B. NEFT C. SWIFT D. IMPS LIST-II (Operational Attribute) I. Settles transactions on a deferred net settlement basis in hourly batches II. Processes transactions immediately on a gross basis, primarily for high-value transfers III. Provides an instant, 24/7 interbank funds transfer service mainly for small-value payments IV. Facilitates secure, standardized messaging between financial institutions globally Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A-I, B-II, C-IV, D-III
- 2A-IV, B-III, C-II, D-I
- 3A-II, B-I, C-IV, D-III✓
- 4A-II, B-IV, C-I, D-III
Correct answer
A-II, B-I, C-IV, D-III
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