Current Affairs · Banking and Digital Payments
Which of the following statements is correct regarding the Real-time Gross Settlement (RTGS) system regulated by the RBI?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1RTGS is only available during interbank working hours from 9:00 am to 5:00 pm.
- 2RTGS was earlier available within fixed time windows, but it has been made available round-the-clock (24x7x365) since December 2020.✓
- 3RTGS is primarily designed and utilized for micro or small-value retail transactions.
- 4The minimum threshold limit for an RTGS transaction is Rs. 50,000.
Correct answer
RTGS was earlier available within fixed time windows, but it has been made available round-the-clock (24x7x365) since December 2020.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Banking and Digital Payments MCQs →Want more practice questions on Banking and Digital Payments?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Banking and Digital Payments