Banking Marketing Aptitude Banking System Question Bank Banking

  • question_answer                       An ECS transaction gets bounced and you are unable to recover you money from your customer under which act can criminal action be initiated?                                                                                                          [IBPSE0.2012]

    A)  Indian penal code         

    B)         Negotiable instrument act

    C)        Criminal procedure         

    D)        Payment and settlement act

    E)        Indian contract act   

    Correct Answer: B

    Solution :

    Not Available

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