Relevant Competitive Tests:
Money transfer through mobile is called
A. IFSC
B. IMPSCorrect Answer
C. ATM
D. IFS
Correct Option: B. IMPS
Detailed Explanation & Reference:
NEFT, RTGS and IMPS are the three methods by which one can transfer funds through mobile, internet banking. IMPS is a real-time payment service that is available round the clock, including on holidays.
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