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Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q67: When was the Real Time Gross Settlement (RTGS) system, India's large-value payment system, launched?

A
2004
B
2016
C
2011
D
1990
✅ Correct Answer: A
The Real Time Gross Settlement (RTGS) system, India's large-value payment system operated by the RBI, was launched in the year 2004.
This historical context is essential for understanding the evolution traced in the RBI's Payment Systems Report - June 2025.