Real time gross settlement system means a payment system in which
A. Both processing and final settlement of funds transfer instructions can take place continuously
B. Final transaction takes place at the end of the day
C. Final payment is physically effected within 24 hrs.
D. Final settlement of funds take place at 3 PM daily
Answer: Option A
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B. Delhi Stock Exchange
C. Calcutta Stock Exchange
D. Bangalore Stock Exchange
Which of the following is not a function of General Insurance?
A. Cattle Insurance
B. Crop Insurance
C. Fire Insurance
D. Medical Insurance
Liability- side of the balance-sheet comprises:
A. Capital and reserve
B. Long-term liabilities
C. Current liabilities
D. All of the above
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