हिंदी

A crossed cheque is a safer mode of payment as compared to an open. cheque." Justify. - Commercial Applications

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प्रश्न

A crossed cheque is a safer mode of payment as compared to an open. cheque." Justify.

संक्षेप में उत्तर

उत्तर

A crossed cheque is more secure than an open cheque since it must be deposited in a bank account and cannot be cashed instantly at the counter. This decreases the danger of theft and fraud because the payments are traceable and can only be credited to the intended recipient's account.

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Types of Cheques
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अध्याय 7: Banking and Bank Transactions - EXERCISES [पृष्ठ १२५]

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गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
अध्याय 7 Banking and Bank Transactions
EXERCISES | Q 21. | पृष्ठ १२५
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