Q459
Real time gross settlement system means a payment system in which
A.
Both processing and final settlement of funds transfer instructions can take place continuously
AnswerB.
Final transaction takes place at the end of the day
C.
Final payment is physically effected within 24 hrs.
D.
Final settlement of funds take place at 3 PM daily
Answer: Option A
Solution
Answer: Option A
No explanation is given for this question Let's Discuss on Board