MCQOPTIONS
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| 1. |
With reference to a cheque, which of the following is the "drawer bank"? [IBPS P.O. 2012] |
| A. | The bank that collects the cheque |
| B. | The payee's bank |
| C. | The endorsee's bank |
| D. | The endorser's bank |
| E. | The bank upon which the cheque is drawn |
| Answer» B. The payee's bank | |