Banking General Awareness Banking in India Question Bank Practice Questions - Banking in India

  • question_answer
    A bank is under a statutory obligations to honour its customer's cheques vide

    A)  Section 10 of the Banking Regulation Act, 1949

    B)  Section 3 of the RBI Act, 1934

    C)  Section 31 of the Negotiable Instruments Act, 1881

    D)  All of the above

    E)  None of these

    Correct Answer: C


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