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A cheque is a bill of exchange drawn on a specified banker and payable on:

Answer & Solution
Correct answer: D.
1. Section 6 — a cheque is a bill of exchange drawn on a banker payable on demand and includes electronic and truncated cheques. 2. It cannot be made payable after maturity period. 3. Hence (A). _Source: ICAI BoS CA Inter Paper 2 — Negotiable Instruments Act 1881_
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