SSC GD 2019 PYQ — Question 43

SSC GD Constable (English) - 13 Feb 2019 Shift 1 • General Awareness • Q43

Which of the following money transfer systems allows 24*7*365 transfer of money?

Show answer & explanation

Correct answer: A

Explanation

The correct answer is option 1 i.e. IMPS.

  • IMPS allows the transfer of money 24*7*365 days.
  • IMPS: Immediate Payment Service.
  • It is an instant payment inter-bank electronic funds transfer system in India.