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BANKING AND MONETARY POLICY — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsBANKING AND MONETARY POLICY1 Mark
MCQ
$NEFT$ and $RTGS$ facility of bank is used
  • A
    To make payments for goods and services
  • ✓
    To transfer money from one account to other account through electronic medium
  • C
    To buy movie tickets online
  • D
    None of these
✓

Answer

Correct option: B.
To transfer money from one account to other account through electronic medium

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