what is RTGS? what is the maximum limit of amount
stipulation for RTGS transaction?

Answer Posted / h.r. sreepada bhagi

RTGS - Real Time Gross Settlement.

By mistake the word Transfer was typed instead of the word
settlement in my answer posted previously. Sorry for same.

Is This Answer Correct ?    5 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Short Answer on __________Trade

1462


If in a PO, the freight condition is mentioned as Air freight and the material is actually received by Road, how does the system check before making the necessary accounting entries?

1608


Whether setting up of diary plants comes under CMA under Farm Sector or Non Farm Sector

1300


A specially designed interview book on interviews for accounting Jobs . Pl send your mail addresses for despatch

3082


How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?

1870






How do you handle lack of direction or working in chaos

1585


In IGATE, 2 yrs bond for fresher and reverent experience 1 year bond. First z essay writing. “Unforgettable movement ur life” Tiz in ITPL IGATE stopping

5533


Expand-------CSNA

1576


we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?

1626


What is cash clearing account

1411


what are the different causes for discrepencybetween the balance of cash book and pass book

1473


cash sales and credit sales both are asset or liability?

1007


1. The controlling department wants to see depreciation amount on internal orders. Which customizing setting do you need to make in asset accounting?(any 3 answer) Make the internal order in active assignment object. Make the internal order an account assignment object for the depreciation run. Set the field internal order to required or optional in the screen layout. Enhance relevant transfer variant by adding the field internal order. Assign the field internal order to account determination.

2340


what can increase gearing?

1992


What is difference between cash flow and funds flow?

1704