……….is a place where inter bank claims arising on account of cheques received for collection by each bank drawn against other banks are settled. | Faculties

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Mr. Dubey

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📊 Banking Services Management (BSM)

Q. ……….is a place where inter bank claims arising on account of cheques received for collection by each bank drawn against other banks are settled.

(A) investment house
(B) issuehouse
(C) bankers clearing house
(D) none of these

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✅ Correct Answer: (C) bankers clearing house

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