Expansion of CTS
With a view to enhance efficiency in cheque clearing, Reserve Bank of India has introduced CTS for clearance of cheques, facilitating the presentation and payment of cheques without their physical movement. CTS stand for? a) Cheque Transfer System b) Clear Truncation System c) Cheque Truncation System d) Cheque Truncation Service
Answers
Answered by
1
answer is option C) Cheque Truncation System.
Similar questions