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प्रश्न
Give two effects of crossing a cheque.
थोडक्यात उत्तर
उत्तर
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Crossing a cheque enhances security by limiting its negotiation or encashment to the payee's bank account, thereby reducing the risk of theft or unauthorized use.
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Crossing clearly signals that the cheque is intended for deposit into a bank account rather than being cashed at the counter, increasing accountability and transparency in financial transactions.
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Crossing of Cheques
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