Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

WHAT IS RTGS

Answer Posted / tushar

RTGS stands for real time gross settlement. RTGS system is
a funds transfer mechanism where transfer of money takes
place from one bank to another on a 'real time' and
on 'gross' basis. This is the fastest possible money
transfer system through the banking channel.

Is This Answer Correct ?    7 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Into which account do we close the revaluation account balance during the winding up of a company?

1921


What is balance sheet and off balance sheet?

1021


what is tribal area allowance means

3134


what is the amount withdrawlfrom other cbs branch by multicity chequ book.

1785


In which account does the unpresented cheque will get recorded?

1085


What is the purpose of accounts like e.g. expense accounts assigned a account number 0040, principal account assigned anumber 0060.In our general ledger software such numbers are assigned.I want to know how these numbers (accounts) help in maintaing accounts of a company (like bank reconciliation).

1818


How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.

1770


shares convert into share capital what is the journal entry? how many ledgers need to create?

1999


using examples, examine the relevance of the following as final accouting adjustments; 1.reserves 2.provisions 3.disposal of assets 4.control accounts

1840


on what rate depreciation will be calculated?

2149


What are the effects when intangibles and tangible assests decrease

2087


is goods in transit will be liable for entry tax ?

1620


What does a demo/presentation need to be effective?

895


What is general ledger account?

1049


Mention in simple terms what is the difference between asset, equity, and liabilities?

938