Minimum amount required to transfer funds through RTGS is Rs ___________.

1,50,000

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2,00,000

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2,50,000

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5,00,000

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Solution

The correct option is B 2,00,000
Minimum amount required to transfer funds through RTGS is Rs 2,00,000. RTGS stands for Real Time Gross Settlement. It is an electronic form of funds transfer. The transmission takes place on a real time basis. The transfer of funds with RTGS is done for minimum of Rs. 2 lakh.

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