Which of the following is not true about National Electronic Funds Transfer (NEFT) system?
A. There is no limit on transaction through NEFT
B. NEFT operates in hourly batches
C. NEFT is a payment system which facilitates one-to-one funds transfer
D. Only bank branches which are NEFT enabled, can be a part of the NEFT funds transfer network
Answer: Option B
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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