Question
Consider the following statements with respect to IFSC code used in Banking System:
A) IFSC Stands for Indian Financial System Code.
B) It is an 11-digit alphanumeric Unique Code.
C) IFSC is used be the NEFT system to route the message to the destination banks/branches.
A) IFSC Stands for Indian Financial System Code.
B) It is an 11-digit alphanumeric Unique Code.
C) IFSC is used be the NEFT system to route the message to the destination banks/branches.
Answer: Option E
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