MCQOPTIONS
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| 1. |
_Truncation of cheques means$? |
| A. | Scanning of the cheques and transmission of electronic image instead of physical cheque in the clearing cycle |
| B. | Debiting of drawer’s account through internet |
| C. | Both of the above |
| D. | None of these |
| Answer» B. Debiting of drawer‚Äö√Ñ√¥s account through internet | |