Question Paper from: IBPS RRB PO Mains 2017

Cheque truncation is the conversion of a physical cheque into a substitute electronic form for transmission to the paying bank. Cheque truncation and electronic cheque come under which act?

1:
Reserve Bank of India Act, 1934
2:
Banking Regulation Act, 1949
3:
Companies Act, 2013
4:
Societies Registration Act, 1860
5:
Negotiable Instruments Act, 1881
Solution:
Chapter Name: Banking Awareness

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IBPS RRB PO Mains 2017

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