Question

The Cheque Truncation System (CTS) in India is first introduced in the year?

A 2001 Correct Answer Incorrect Answer
B 1995 Correct Answer Incorrect Answer
C 2009 Correct Answer Incorrect Answer
D 1997 Correct Answer Incorrect Answer
E 2007 Correct Answer Incorrect Answer

Solution

The Cheque Truncation System (CTS) is introduced by RBI first time in the year 2007 as a pilot project (trial basis) in New Delhi. 

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