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SSC CGL 2017 Tier 1 Questions and Answers

Question

Which of the following is not true about a Demand Draft?

[A] It is a negotiable instrument.
[B] It is a banker's cheque.
[C] It may be dishonoured for lack of funds.
[D] It is issued by a bank.
Answer & Explanation

Answer: [It may be dishonoured for lack of funds.]

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