Q573
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
AnswerAnswer: Option D
Solution
Answer: Option D
No explanation is given for this question Let's Discuss on Board