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Discussion :: Insurance Awareness

  1. What does the letter 'S' denote in the term IFSC?
  2. A.
    Subscriber
    B.
    State
    C.
    System
    D.
    Source

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    Answer : Option C

    Explanation :

    The Indian Financial System Code (IFSC CodE. is an alphanumeric code that uniquely identifies a bank-branch participating in the Real-Time Gross Settlement (RTGS) and the National Electronic Funds Transfer (NEFT) Systems.


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