Banking General Awareness Banking in India Question Bank Previous Years Questions - Banking in India

  • question_answer
    With reference to a cheque which of the following is the "drawee bank"?                      [IBPS 2012]

    A)  The bank that collects the cheque

    B)  The payee's bank

    C)  The endorsee's bank

    D)  The endorser's bank

    E)  The bank upon which the cheque is drawn

    Correct Answer: E


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