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Banking Marketing Aptitude Banking System Question Bank Banking

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                                       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

    Correct Answer: A

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