Module: General Practice
Q53: On what date did the Real Time Gross Settlement (RTGS) system become available on a $24\times7\times365$ basis?
✅ Correct Answer: A
The RTGS system was made available on a $24\times7\times365$ basis with effect from December 14, 2020.
This move was aimed at facilitating large-value payments round-the-clock, a milestone recorded in the RBI's Payment Systems Report - June 2025.
This move was aimed at facilitating large-value payments round-the-clock, a milestone recorded in the RBI's Payment Systems Report - June 2025.