UGC NET Economics Q61

Question

Which of the following are objectives of Immediate Payment Service (IMPS)?
A. To enable bank clients to use mobile instruments as a channel for accessing their bank accounts and remit funds
B. To build the foundation for a full range of mobile based banking services
C. To sub-serve the goal of Reserve Bank of India (RBI) in digital payments.
D. To make payments simpler with the mobile number of the beneficiary
E. To restrain a nation-wide payment system facilitating one-to-one funds transfer
Choose the most appropriate answer from the option given below.

Accepted Answer

A, C, D and E Only