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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