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In the question below, there is a sentence of which some parts have been jumbled up. Rearrange these parts which are labelled P, Q, R and S to produce the correct sentence. Choose the proper sequence.
P: Settlement in real time means the transaction is not subjected to any waiting period.
Q: It is a funds transfer mechanism.
R: Moreover, as the money transfer takes place in the books of RBI it is final and irrevocable.
S: The acronym RTGS stands for Real Time Gross Settlement.
T: While gross Settlement means the transaction is settled without bunching it with any other transaction.
U: The transfer of funds takes place on a real time and gross basis.
ASQPUTR
BSQUPTR
CSQTPUR
DSQUTPR
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