Social Sciences, asked by Hearst, 1 year ago

what is chaque ? how it replaces currency?

Answers

Answered by zaratariq
1

Answer:

A cheque is a paper instructing the bank to pay a specific amount from the person's account to the person in whose name the cheque has been drawn. The facility of cheque against demand deposits makes it possible to directly settle the payments without the use of withdrawal.

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