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Options
-
Through Society for Worldwide Interbank Financial Telecommunication (SWIFT)
Correct answer
- B
Through Immediate Payment Service (IMPS)
- C
Through Real-time gross settlement (RTGS)
- D
Through National electronic funds transfer (NEFT)
Why this is the answer
To invest in Indian mutual funds from abroad, remittance can be done through SWIFT (Society for Worldwide Interbank Financial Telecommunication), which is used for international transfers. NEFT and RTGS are used for domestic transfers within India.
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