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Q: Money transfer through mobile is called..........
  • A. IFSC
  • B. ATM
  • C. IMPS
  • D. IFS
Correct Answer: Option C - Immediate Payment Service (IMPS) is an instant electronic fund transfer service through a mobile phone. It is a type of internet banking. It was started on November 22, 2010 and is being run by the National Payment Corporation of India (NPCI).
C. Immediate Payment Service (IMPS) is an instant electronic fund transfer service through a mobile phone. It is a type of internet banking. It was started on November 22, 2010 and is being run by the National Payment Corporation of India (NPCI).

Explanations:

Immediate Payment Service (IMPS) is an instant electronic fund transfer service through a mobile phone. It is a type of internet banking. It was started on November 22, 2010 and is being run by the National Payment Corporation of India (NPCI).