1.

What is the alphanumeric code on cheques called?

Answer»

RTGS
MICR
IFSE
NEFT

Solution :The Indian FINANCIAL SYSTEM Code (IFSC) is an alphanumeric code that UNIQUELY identifies a bank-branch participating in the two main electronic funds settlement SYSTEMS in India : The real time gross settlement (RTGS) and the national electronic funds transfer (NEET) systems.


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