what is RTGS?

Answer Posted / sudhir

It is a service offered by Reverse Bank of India to process
high value cash transactions safely between two accounts

Is This Answer Correct ?    5 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

If DEBT/EQUITY ratio 2:1, is to good or bad for a company? how...??? can u explain it...???

1700


let me know the meaning and Nature of cash

1502


A Customer has a MNC which has a Unit in USA , All use Same Operation Chart of A/c but they also want local reporting for USA unit .What should they do ? Optons : Use Group chart of account & Group a/c no * Use Group a/c no & Alternative a/c no.2 Use Country Specific Chart of A/c

1626


why may types of accounts

1726


what is purchase consideration? How does it come about and how is it treated in the books?

2044






An applicant paid excess amount to the Government Office through a demand draft for a particular permission/license instead of actual fees. Later he went to government office and requested to return the previously submitted demand draft. Can he get back the Previously submitted demand draft(which was not adjusted into government account) duly paying he actual fee?

1522


what is sevice tax? on what service tax is applicable. explain with examples?

1598


does MIS reports are used in Tally n Focus software? if yes how it is used in focus software? for AR n AP

1727


What is Split And buy-back?

2239


Why we reconcile our debtors? what steps we taken during reconciliation.

1589


EXPAND___________NAA

1460


You have joined company yesterday then you are Appling B1 visa today. why so urgent.

1690


How do the standards assist the users of financial report?

1795


What is accounts payable?

1646


Is commodities transaction tax a permissible business expenditure? Explain

1709