menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Information Technology
  3. Study Set
    Banking and Insurance
  4. Exam
    Exam 1: Banking Terms and Concepts: From Demand Deposits to Central Banks and Rtgs
  5. Question
    ------------------------ Conversion of Physical Cheque into Electronic Form for Transmission
Solved

------------------------ Conversion of Physical Cheque into Electronic Form for Transmission

Question 24

Question 24

Multiple Choice

------------------------ Conversion of physical cheque into electronic form for transmission to the paying bank.


A) CTS
B) ECS
C) RTGS
D) None of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q15: The deposit balances kept by all commercial

Q16: The State Bank of India was established

Q17: ----------- is also called Virtual Banking or

Q18: ----------------commission recommended the formation of a central

Q19: Creation of derivative deposit out of the

Q20: -------------is a funds transfer mechanism where account

Q21: In India , RTGS has been implemented

Q22: Rediscounting and giving advance the central bank

Q23: Deposit are secondary or derived from the

Q25: The Govt.delegates the right of--------------to the central

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines