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This question belongs to Commerce Insurance

Insurance

?

What does the letter 'S' denote in the term IFSC?

A) Subscriber B) State C) System D) Source

Answer & Solution

Correct Answer: Option C

The Indian Financial System Code (IFSC CodE. is an alphanumeric code that uniquely identifies a bank-branch participating in the Real-Time Gross Settlement (RTGS) and the National Electronic Funds Transfer (NEFT) Systems.

Question posted by Examveda

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