Which among the following statements is incorrect in the context - TopicsExpress

Which among the following statements is incorrect in the context of IMPS? (a) It’s a mobile-to-mobile fund transfer facility (b) For this facility we need a GPS-enabled mobile phone (c) Both the sender and the receiver must have an account in the same bank (d) Both the customers must have an MMID (Mobile Money Identifier Number) number Previous Question Answer is - Which among the following is an instrument of monetary policy used by the RBI? (c) CRR

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