Banking · IT Infrastructure in Banking
Which of the following statements about INFINET (Indian Financial Network) are correct? 1. INFINET was established by the Reserve Bank of India to link international commercial banks exclusively. 2. The network uses satellite communication with Very Small Aperture Terminals (VSATs) as part of its infrastructure. 3. INFINET is a Closed User Group MPLS network used by the Indian banking and financial sector. 4. The initial management of INFINET was handled by the Institute for Development and Research in Banking Technology (IDRBT). 5. Indian Financial Technology and Allied Services (IFTAS) was set up to manage INFINET and provide critical infrastructure services.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statements 1, 3, and 5 are correct
- 2Statements 2, 3, and 4 are correct
- 3Statements 1, 2, and 5 are correct
- 4Statements 2, 3, and 5 are correct✓
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Statements 2, 3, and 5 are correct
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