Question

IMPS stand for Immediate (Mobile) Payment Service. It was started in 2010. In order to use IMPS, you don’t have to register for mobile banking.

विकल्प

• True

• False

Answer 1

False

Explanation:

IMPS (Immediate Payment Service) was launched in 2010, but to use IMPS via mobile, you must register for mobile banking (e.g., enable mobile banking/MMID); therefore, the statement “you don’t have to register” is incorrect.