The correct answer is 2 only. The round-the-clock RTGS facility is made effective from 1st December 2020. Hence, statement 1 is incorrect. From July 2019, RBI stopped levying charges on transactions through NEFT and RTGS. Hence, statement 2 is correct. Key Points 'RTGS' stands for Real-Time Gross Settlement. It is meant for large-value instantaneous fund transfers. It happens on a real-time basis. RTGS was available for customers from 7.00 am to 6.00 pm on all working days of a week, except the second and fourth Saturdays of every month. This aim is to facilitate India's efforts to develop international financial centres and to provide wider payment flexibility to domestic corporations and institutions. India will be one of the very few countries globally with a 24x7x365 large value real-time payment system after this move. Additional Information NEFT is used for fund transfers of up to ₹2 lakh. NEFT and Immediate Payment Service (IMPS) are already available 24x7. RBI Governor- Shaktikanta Das