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SWIFT
Recently a term SWIFT was in news. Which of the following is true about SWIFT?
A |
It is a Belgium-based secure financial messaging service, which is used by banking and securities organizations all over the world, to transmit instructions, or information, on financial transactions
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B |
It is the name of new generation Space Launch Vehicle developed by NASA for its future space programme
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C |
It is the new Surface to Air Missile developed by DRDO, having the striking range of more than 5000 km.
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D |
It is a new Air Quality measuring application developed by IMD
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Your Ans is
Right ans is A
Your Answer Is Correct
Your Answer Is Wrong
Explanation :
- Society for Worldwide Interbank Financial Telecommunications (SWIFT) is a Belgium-based secure financial messaging service which is used by banking and securities organizations all over the world, to transmit instructions, or information, on financial transactions.
- Founded in 1973, SWIFT Standards act as Registration Authority for several standards that define universal codes for common data items, or reference data.
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