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Module: General Practice

Q56: What is the "Gridlock Resolution Mechanism" in the Real Time Gross Settlement (RTGS) system?

A
An automated process that settles transactions pending due to inadequate liquidity by using netting
B
A manual process where the RBI intervenes to settle pending transactions
C
A system feature that rejects all transactions in a queue if one fails
D
A mechanism that reprioritizes transactions based on value instead of time
✅ Correct Answer: A
The "Gridlock Resolution Mechanism" is an automated feature in RTGS.
It identifies transactions pending due to insufficient liquidity and settles them by using multilateral netting.
This efficiency mechanism is explained in the RBI's Payment Systems Report - June 2025.
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