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Banking Awareness · Q424

Banking Awareness MCQs for Banking exams, IBPS, SBI

Banking Awareness · Banking Awareness · question 424

Q424

The effect of a crossing a cheque is

A.
The payee can obtain payment only through a bank account
Answer
B.
The payee Is compelled to open an account
C.
The payee will have to endorse the cheque to a bank
D.
None of these

Answer: Option A

Solution

Answer: Option A
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