Question 14 of 14
Q.Real Time Gross Settlement System was launched by the RBI in the year :
(a) 2013
(b) 2005
(c) 2014
(d) 2003
Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2025MCQ· 1mImportance★★★★★
100% · 14/14 Questions
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Start your 14-day free trial to unlock the full solution →RTGS is the RBI-run real-time, transaction-by-transaction settlement system for large fund transfers. Among the options, 2013 is the documented launch year of the RBI's new RTGS system (the original RTGS started in 2004).
RTGS (Real Time Gross Settlement) settles high-value fund transfers individually and instantly, without netting, and is operated by the Reserve Bank of India as part of developing a modern, safe payment and settlement system.
- The RBI first introduced RTGS in 2004. …
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