McqMate
| Q. |
Real Time Gross Settlement System means a payment system in which |
| A. | both processing and final settlement of funds transfer instructions can take place continuously |
| B. | final transaction takes place at the end of the day |
| C. | final payment is physically effected within 24 hours |
| D. | final settlement of funds take place at 3 PM daily |
| E. | none of the above |
| Answer» A. both processing and final settlement of funds transfer instructions can take place continuously | |
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