The minimum amount to be remitted through RTGS Real Time Gross Settlement is Rs ........

General Studies (CPO) Indian Economy

The minimum amount to be remitted through RTGS (Real Time Gross Settlement) is Rs .......

This questions was previously asked in

SSC CPO 15th-March-2019-Shift-2

3,00,000

1,000

2,00,000

50,000

Let’s break it down:

- Option 1: Rs 3,00,000

This isn’t right. RTGS allows transfers above a certain limit, but it’s not as high as three lakhs.

- Option 2: Rs 1,000

That’s too low. If you want to send just a thousand, RTGS isn’t the tool for the job—NEFT or IMPS are better there.

- Option 3: Rs 2,00,000

This one nails it. As per RBI rules, RTGS transactions must be at least Rs 2,00,000. There’s no cap for the maximum.

- Option 4: Rs 50,000

Also too low. RTGS starts where NEFT leaves off, above this range.

So, the correct answer is Option 3—Rs 2,00,000 is the minimum for an RTGS transfer.

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