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ELPS is
  • a)
    Electronic Local Payment System
  • b)
    Electronic Ledger Posting System
  • c)
    Electronic Local Payment Service
  • d)
    Electronic Loan Payment Service
  • e)
    None of these
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
ELPS isa)Electronic Local Payment Systemb)Electronic Ledger Posting Sy...
The answer is correct. Before introduction of computers in banking system , ELPM/ ALPM were used for making ledger entries on real-time basis.
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ELPS isa)Electronic Local Payment Systemb)Electronic Ledger Posting Systemc)Electronic Local Payment Serviced)Electronic Loan Payment Servicee)None of theseCorrect answer is option 'B'. Can you explain this answer?
Question Description
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