1
Question
What does NEFT stand for?
What does NEFT stand for?
Open in App
Solution
NEFT stands for National Electronic Funds Transfer. It is an electronic payment system that is maintained by the RBI and enables funds to be transferred from one NEFT enabled bank account to another within 2 hours.
Also read:
Learn about more commerce questions and answers from different topics in business studies, economics and accountancy from our website.
NEFT stands for National Electronic Funds Transfer. It is an electronic payment system that is maintained by the RBI and enables funds to be transferred from one NEFT enabled bank account to another within 2 hours.
Also read:
Learn about more commerce questions and answers from different topics in business studies, economics and accountancy from our website.
Suggest Corrections
0
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
