NEFT, RTGS and IMPS

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31. IMPS transactions can be initiated through:

a) Cheque books

b) Internet banking

c) Mobile banking apps

d) ATM machines

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32. NEFT transactions can be initiated through:

a) Cheque books

b) Internet banking

c) Mobile banking apps

d) ATM machines

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33. What is the transaction limit for NEFT initiated through cash at bank branches?

a) Rs. 1 lakh

b) Rs. 2 lakhs

c) Rs. 5 lakhs

d) No maximum limit

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34. What is the transaction limit for NEFT initiated through internet banking or mobile banking?

a) Rs. 1 lakh

b) Rs. 2 lakhs

c) Rs. 5 lakhs

d) No maximum limit

View Answer >

35. What is the transaction limit for RTGS transactions initiated through internet banking?

a) Rs. 1 lakh

b) Rs. 5 lakhs

c) Rs. 10 lakhs

d) No maximum limit

View Answer >
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