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Admin • 802.91K Points
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Q. What is the full form of RTGS?

  • (A) Ready Transaction and Gross Settlement
  • (B) Real Transaction and General Settlement
  • (C) Real Time Gross Settlement
  • (D) Real Transaction Gross Settlement
  • Correct Answer - Option(C)
  • Views: 2
  • Filed under category Economic
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Explanation by: Admin
RTGS (Real Time Gross Settlement) is a fund transfer system. In this, the transfer of money or securities takes place from one bank to any other bank on a “real-time” and on a “gross” basis.

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