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Q:

In which year “National Electronic Funds Transfer” was introduced, choose the correct option from the following.

  • 1
    2002
  • 2
    2003
  • 3
    2004
  • 4
    2005
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Answer : 4. "2005"
Explanation :

The full form of NEFT is National Electronic Funds Transfer. Reserve Bank of India (RBI) introduced this system of fund transfer in 2005.

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