Which of the following is not true about Immediate Payment Service (IMPS)?
A. IMPS offers an instant, 24X7, interbank electronic fund transfer service through mobile phones
B. The facility is provided by National Payments Corporation of India through its existing NFS switch
C. Internet Banking Account facilitates IMPS to transfer money to any account
D. To use IMPS, both the account holder and beneficiary needs to have Mobile Money Identifier (MMID)
Answer: Option D
This Question Belongs to Commerce >> Banking And Financial Institutions
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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