Question : The process of transferring funds from one bank account to another electronically is called:

Option 1: Cheque

Option 2: RTGS

Option 3: NEFT

Option 4: Demand draf

Question : ___________ is a form of electronic payment where funds are transferred directly from one bank account to another.

Option 1: NEFT (National Electronic Funds Transfer)

Option 2: RTGS (Real-Time Gross Settlement)

Option 3: IMPS (Immediate Payment Service)

Option 4: UPI (Unified Payments Interface)

Question :  ___________ is a type of banking service that allows customers to access their bank accounts and perform transactions through the internet.

Option 1: Online banking

Option 2: Mobile banking

Option 3: Telephone banking

Option 4: ATM banking

Question : ___________ is the process of transferring funds from one country to another.

Option 1: Foreign exchange

Option 2: Remittance

Option 3: Import-export

Option 4: International trade

Question : What is the full form of NEFT?

Option 1: National Electronic Funds Transfer

Option 2: National Electronic Financial Transaction
 

Option 3: National Electronic Fund Transfer

Option 4: National Electronic Finance Transaction