Advertisements
Advertisements
Question
What is Banker's Cheque?
One Line Answer
Solution
The banker's cheque is a cheque drawn by a bank on itself and is payble locally.
shaalaa.com
Is there an error in this question or solution?
APPEARS IN
RELATED QUESTIONS
How is a commercial bank different from a central bank?
Select the proper option from the options given below and rewrite the sentences:
In E-business, payments have to be made ______
What are the objectives involved in Regional Rural Banks?
Mention the purposes of Agricultural and Cooperative banks?
Which of the following banks regulate the supply of money in the economy?
Name the largest commercial bank of India.
"The central bank is the lender of the last resort." Explain.
Describe the advantages of opening a bank account.
The ______ of a country serves as the leader of the banking system and the money market.
Why was EXIM Bank set up in India?
