question_answer

Which of the following are the features of the new format of cheques issued by Reserve Bank of India?

1. IFSC and MICR codes are a must on every cheque leaflet.

2. There is no need to sign the new cheque.

3. The new cheque carries the fingerprint of the customer.

Choose the correct option?

A) Only 1              

B) Only 3

C) 2 and 3            

D) 1 and 2