BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A working group on cheque transactions and E-cheques was constituted by the Reserve Bank of India under the chairmanship of Dr R B Barman and major recommendations of group include
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the physical cheque will be truncated within the presenting bank
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settlement will be generated on the basis of current MICR code line data
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electronic images will be used for payment processing
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All of these
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Explanation:
There is 1 question to complete.