The 'RTGS' system in India is used for transactions of minimum amount: MCQ with Answer and Explanation

The 'RTGS' system in India is used for transactions of minimum amount:
A. Rs 5,00,000
B. Rs 10,00,000
C. Rs 2,00,000
D. Rs 1,000
Answer: Option C
Solution (By JKSSB Mock Tests)
RTGS minimum amount is Rs 2,00,000.

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Practice More Economy Set 1 Questions

Question #1
The 'labour force' is defined as:
A. total population
B. working-age population only
C. employed plus unemployed
D. employed only

Correct Answer: Option C


Explanation:
Labour force = employed + unemployed.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'National Human Rights Commission' is a:
A. private body
B. statutory body
C. judicial body
D. constitutional body

Correct Answer: Option B


Explanation:
NHRC is a statutory body under the Protection of Human Rights Act, 1993.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Rashtriya Madhyamik Shiksha Abhiyan' was launched in:
A. 2012
B. 2009
C. 2005
D. 2014

Correct Answer: Option B


Explanation:
Rashtriya Madhyamik Shiksha Abhiyan was launched in 2009.

This question belongs to: Economy GK Economy Set 1