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      Question

      Truncation of cheques

      means
      A scanning of the cheques and transmission of electronic image instead of physical cheque in the clearing cycle Correct Answer Incorrect Answer
      B debiting of drawerโ€™s account through internet Correct Answer Incorrect Answer
      C Both of the above Correct Answer Incorrect Answer
      D none of the above Correct Answer Incorrect Answer

      Solution

      The correct answer is A

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