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 _________ __________ _____ ____ _________ ___ ____ ____ __________ __________ __________.
______ ________ _________ __________ ______ __________ ________ _____ _________ ____ __________.
____ ___ ________ __________ ______ _____ _______ ________ ____ ________ __________.
__________ ________ ____ _________ __________ ______ ________ ____.
_____ ___ _________ _______ _____ ___ ____ ______ ________ ________.
_________ ____ ________ __________ __________ ____ _______ ___ _________ _________.
________ _________ ________ _____ _______ ___ ___ _____ __________ ______ _______.
____ _____ ______ __________ _____ ____ ___.
_____ _________ ________ ____ ____.
_______ __________ ___ ______ ___ _________ ____.
___ ________ ___ _________ ________ ______.
______ _______ ________ _____ ___ __________ ______ ______ ___ ______ _____.
____ ___ ______ ___ ____ ____ _________ ______ ___ ______ _________.
______ __________ ______ __________ ____ ____ ______.
____ _______ _________ _________ _____ ____ ______ __________ ______ ________ __________.
________ ___ ___ ________ ______ ___ ___ ____.
________ ___ _______ ____ ______ ___ ______ ______ __________.
___ ____ ________ _________ ______ ____ ___ ___ _______ ______.
______ _________ __________ _______ _______ _________.
___ __________ ____ _______ ________ ___ ______.
______ ______ ________ ____ ____ __________ ___ __________ _________ _________ ____.
__________ _________ _________ ______ __________ ___ __________ ____ ______ _________ _________ _____.
___ ________ _______ _________ __________ __________.
__________ __________ ___ _____ ____ _______ ______ _____ ___ __________ _______.
______ _____.
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★★★