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'IMPS' stands for
  • a)
    Immediate Payment Service
  • b)
    Internet Mobile Payment Service
  • c)
    Interconnect Mobile Payment Service
  • d)
    Internet Money Payment Service
  • e)
    None of these
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
IMPS stands fora)Immediate Payment Serviceb)Internet Mobile Payment Se...
IMPS stands for 'Immediate Payment Service'. IMPS is an instant payment inter-bank electronic funds transfer system in India. IMPS offers an inter-bank electronic fund transfer service through mobile phones. Unlike NEFT and RTGS, the service is available 24/7 throughout the year including bank holidays.
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IMPS stands fora)Immediate Payment Serviceb)Internet Mobile Payment Servicec)Interconnect Mobile Payment Serviced)Internet Money Payment Servicee)None of theseCorrect answer is option 'A'. Can you explain this answer?
Question Description
IMPS stands fora)Immediate Payment Serviceb)Internet Mobile Payment Servicec)Interconnect Mobile Payment Serviced)Internet Money Payment Servicee)None of theseCorrect answer is option 'A'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about IMPS stands fora)Immediate Payment Serviceb)Internet Mobile Payment Servicec)Interconnect Mobile Payment Serviced)Internet Money Payment Servicee)None of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for IMPS stands fora)Immediate Payment Serviceb)Internet Mobile Payment Servicec)Interconnect Mobile Payment Serviced)Internet Money Payment Servicee)None of theseCorrect answer is option 'A'. Can you explain this answer?.
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