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Dishonoured cheques drawn in favour of stock exchanges are reported:
AWhenever above par
BWhenever above cost
CWhatever the payee
DWhatever the value
Answer & Solution
Correct answer: D. Whatever the value
1. Ordinary reporting has a value threshold.
2. Stock exchange cheques are treated apart.
3. They are consolidated irrespective of value.
_Source: Reserve Bank of India (Commercial Banks - Responsible Business Conduct) Directions, 2025_
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