Which of the following is not true about National Automated Clearing...

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Which of the following is not true about National Automated Clearing House (NACH)?

A. It is a centralized clearing system launched by the National Payments Corporation of India (NPCI)

B. It aims to replace and consolidate multiple existing Electronic Clearing Service (ECS) systems across India

C. NACH platform has been created to replace the Electronic Clearing Service (ECS) system

D. All of the above

Answer: Option D

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