Banking Marketing Aptitude Banking System Question Bank Banking

  • question_answer   When an account does not have sufficient balance to honour the cheque issued by the account holder, the cheque is returned by the bank, which is known as?

    A)  Cheque discounting       

    B)         Cheque truncation

    C)        Cheque kiting   

    D)         Bouncing of cheque

    Correct Answer: D

    Solution :

    Not Available

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