Interested to Buy Any Domain ? << Click Here >> for more details...
What is the meaning of RTGS & its working ?
- 2 Answers
- 6412 Views
- I also Faced
- E-Mail Answers
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 |
1. If i receive one invoice from our contractor on 01.08.10 , but the invoice date 30.07.10. My question is in what date i should take into account this transcation (i.e 30.07. Or 01.08.10) 2. If i receive a cheque from our customer on 30.08.10 but its not possible to deposit in the same date, because of closing of bank hours, it is possible only to deposit the cheque on next day only. In this case which date i should taken for account the transcation.
What are the basic assumptions in accounting?
RESERVE A/c - What is the type of A/c means is this a Personal A/c or Real A/c or Nominal A/c?
By saying, perpetual or periodic inventory system; what do we mean?
What will be entry for that: Busines strarted with brrowed cash Rs. 25000 from Mr. X. if capital will be creadit. ???????????????????????WHY????????????????
The ratio of the prices of three different types of cars is 4:5:7. If the difference between the prices of costliest and the cheapest cars is Rs.60000 what is the price of the car of moderate price ?
what is Profit & Loss Account?
Explain an example of a tough decision you had to make quickly?
how to record the full and final settlement of employee (salary payable,other payable,,....) when he leaves the company ? or how to pass the entry for that ?
The parties to joint venture is called_________ (a) Co-venturers (b) Partners (c) Principal & Agent (d) Friends
What is field status variant in SAP FI Module?
wahat is the journal entry for cheque paid for collection but not collected?
Audit 
