WBCS.LIVE practice question

What is the full form of NEFT with reference to e-banking services?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. National Electronic Funds Transformation
  2. Native Electronic Funds Transfer
  3. National Electronic Funds Transfer
  4. National Elementary Funds Transfer

Correct answer and explanation

Correct answer: National Electronic Funds Transfer