What is the difference between NEFT, RTGS, and IMPS?

Question

20 Feb 2025

Answer :

Word Count : 273

NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are three different electronic payment systems used for transferring money in India, each with its own unique features and functionalities.

NEFT is a payment system that operates on a batch-processing basis, where transactions are settled in specific time slots throughout the day. It is suitable for transferring large amounts of money, and there is _________ ________ ______ ____ _________ _______ ________ ____ ____ ______.
______ __________ ____ _____ ______ _______.
__________ _________ ______ __________ _________ ____ ____ ___ __________ _______ _______.
_________ _______ _______ _______ ___ _______ _______.
___ _______ __________ _________ ___ ___.
_____ _________ ________ ______ _____ _____ _______ ___.
___ _______ _______ _____ _________ ____ ______ _____ _______ ___ _____.
______ _________ _________ ___ _________.
_______ ______ _________ _________ ________ __________ ____ _________ ________ ______.
_____ __________ ________ _________ _________.
__________ ______ _____ _______ __________ _______ ________ _____ _______ _______ __________ ___.
___ ___ ______ _________ _______ ________ __________ __________ ___ __________ ____.
__________ _____ ____ ___ ____ __________.
______ ____ ____ _____ ____.
________ ________ _______ ________ ________ __________ ____ ___ _________ ___ _________ __________.
______ __________ _________ ______ ___.
___ _____ ______ _______ ________ ______ ___ __________ ________ _____.
____ ________ ___ _________ ________ _________ ________.
_______ ________ ______ _______ ___ _______ ______ ___ __________ ___.
_______ _______ _______ _______ ________ __________ __________ __________ _____ _______.
____ __________ _________ _________ _________ ____ ____ _______.
________ ____ _________ _____ __________ __________ ____.
______ ___ _____ ________ _______ ________ _______ _________ ______ ______ _______ __________.
___ __________ ________ ______ ________ ___ __________ _________ _________.
____ _______.
Get Full Answer on WhatsApp

IGNOU Solved Assignments Assignments Ignou Projects Project Previous Year Solved Exam Papers Notes Notes Sample Question Papers Sample Question Papers

IGNOU NEWS

Assignment Submission Last Date Extended Till 30 June 2026 Click Here★★★IGNOU June 2026 TEE Date Sheet Released Click Here★★★