Multiple choice

What was dedicated to interconnect the ATMs in the country and facilitate convenience banking?

  1. NPCI

  2. NFS

  3. EFT

  4. PSTN

  5. ECS

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

National Financial Switch (NFS) was conceptualized, developed and implemented by Institute of Development and Research in Banking Technology (IDRBT), Hyderabad with a view to inter-connect the ATMs in the country and facilitate convenience banking for the common man.