Multiple choice general knowledge sports

Which among the following maintains Real Time Gross Settlement?

  1. Reserve Bank of India

  2. Asian Development Bank

  3. World Bank

  4. State Bank of India

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A Correct answer
Explanation

The Reserve Bank of India (RBI) maintains and operates the Real Time Gross Settlement (RTGS) system. RTGS is used for large-value transactions where funds are settled on a real-time and gross basis. The RBI is India's central banking institution responsible for monetary policy and payment systems.