Q. Consider the following statements:
1.India is a signatory to the Convention on International Civil Aviation (Chicago Convention).
2.Immediate Payment Service (IMPS) is a service provided by banks to ensure real-time interbank funds transfer.
Select the correct statements using the codes given below:
Answer: C
Notes:
Explanation –
Statement 1 and 2 are correct. India is a signatory to the Convention on International Civil Aviation (Chicago Convention). Immediate Payment Service (IMPS) is a service provided by banks to ensure real-time interbank funds transfer.
Source: PIB