Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q17: Who is identified as the owner and operator of India's primary large-value payment system, the Real Time Gross Settlement (RTGS)?

A
The National Payments Corporation of India (NPCI)
B
The Clearing Corporation of India Limited (CCIL)
C
The Reserve Bank of India (RBI)
D
A consortium of scheduled commercial banks
✅ Correct Answer: C
The Real Time Gross Settlement (RTGS) system is India's primary large-value payment system.
It is owned and operated by the Reserve Bank of India (RBI). This ownership structure ensures the stability discussed in the RBI's Payment Systems Report - June 2025.