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Banking Awareness · Q428

Banking Awareness MCQs for Banking exams, IBPS, SBI

Banking Awareness · Banking Awareness · question 428

Q428

Truncation of cheques means

A.
Scanning of the cheques and transmission of electronic image instead of physical cheque in the clearing cycle
Answer
B.
Debiting of drawer’s account through internet
C.
Both of the above
D.
None of these

Answer: Option A

Solution

Answer: Option A
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