6. Which of the following is true about IMPS?
a) Can be used only for mobile-to-mobile fund transfer
b) Available only during banking hours
c) Can be used for both interbank and intrabank fund transfer
d) Transactions take 24-48 hours to complete
7. What is the maximum transaction limit for NEFT?
a) Rs. 1 lakh
b) Rs. 5 lakhs
c) Rs. 10 lakhs
d) No maximum limit
8. Which of the following is true about NEFT?
a) Transactions can only be initiated through mobile banking
b) Transactions can only be processed during banking hours
c) Can be used for both domestic and international fund transfer
d) Funds are transferred instantly
9. What is the maximum transaction limit for RTGS?
a) Rs. 1 lakh
b) Rs. 5 lakhs
c) Rs. 10 lakhs
d) No maximum limit
10. Which of the following is true about RTGS?
a) Transactions can only be initiated through mobile banking
b) Transactions can only be processed during banking hours
c) Can be used for both domestic and international fund transfer
d) Funds are transferred instantly
