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Question

Which bank launched its IMPS on 6th Jan, 2016 across all its branches in association with NPCI?


A

Allahabad Bank

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B

Punjab National Bank

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C

Bank of Baroda

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D

Andhra Bank

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E

Vijaya Bank

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Solution

The correct option is D

Andhra Bank


Andhra bank launched its IMPS on 6th Jan, 2016 across all its branches in association with NPCI. IMPS - Immediate Payment Service is an instant interbank electronic fund transfer service which can be done using internet.


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