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Home Questions R77T632D7D
Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Question:

______ is an alphanumeric code that uniquely identifies a bank-branch participating in the NEFT system.

Options:

STP

SFMS

IFSC

RTGS

Correct Answer:

IFSC

Explanation:

The correct answer is Option (3) - IFSC

The alphanumeric code that uniquely identifies a bank branch participating in the NEFT (National Electronic Funds Transfer) system is called the IFSC (Indian Financial System Code).

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