RTGS stands for:
AReal Time Gross Settlement
BReal Transfer Gross System
CRapid Time Gross Settlement
DReal Time General Settlement
Answer & Solution
Correct answer: A. Real Time Gross Settlement
1. The question asks: RTGS stands for.
2. Correct answer: Real Time Gross Settlement.
3. RTGS settles large-value transactions individually in real time.
_Source: BOI Quick Revision — General Banking & Financial Awareness (2020), Payment Systems_
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