What is the meaning of RTGS & its working ?
Answers were Sorted based on User's Feedback
Answer / gangaprasad.a
RTGS means Real time gross setilment, it is used for online
money transfer one account to onther account.
| Is This Answer Correct ? | 14 Yes | 0 No |
Answer / jk
The full form of RTGS is Real Time Gross Settlement.Its a type of form for fund transfer of more than Rs.200000/- from one bank to another bank within a very short time period like 1hr to 2hrs in the same country and for 1 or 2 days from one country to other country and this transaction is cleared by RBI within specified working period of bank i.e 3.30pm in India.If amount of fund transfer is less than or equal to Rs.200000/- then the same process is done by NEFT form.
| Is This Answer Correct ? | 7 Yes | 0 No |
vat paid on purchase is it comes on direct expenses or indirect expenses
Definition of push down accounting
What else ? This is the question asked to me every where every time while facing interview. I want to know is this a real question for accounting? If yes haw or if no How? I am really confuse.
WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM
5. What would be the pay-back period of a project requiring initial investment of $10,000/- and expected to generate a cash flow of $ 2,000/- per year?
Tell me how would you define team work and communication skills in the context of account management?
what do you mean by profit and loss appropriation account ? what is the use of preparing it?
What is full rate on plywood box in haryana sale tax:
How do you relate yourself with Accounts?
Apportionment of expenses
As a Manufacturer we are paying service Tax on Inwards freight and the same amount we are taking as a credit against payment of Excise duty. So,Pls clarify how to pass JV
What are the advantages of double entry system?