Banking · Negotiable Instruments
Which of the following instruments is traditionally used by a bank customer for safely remitting funds from one centre to another?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Mutilated cheques
- 2Local banker's cheques
- 3Demand Drafts (DD)✓
- 4Post-dated personal cheques
Correct answer
Demand Drafts (DD)
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Banking?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Negotiable Instruments MCQs →Want more practice questions on Negotiable Instruments?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Banking · Negotiable Instruments