ACH is a nationwide automated electronic system that monitors and administers the process of cheques and fund clearance between banks. Expand ACH.
A. Automatic Check Clearing House
B. Automated Check House
C. Automatic Clearing House
D. Automated Clearing House
Answer: Option D
Related Questions on Banking Awareness miscellaneous
A. Bombay Stock Exchange
B. Delhi Stock Exchange
C. Calcutta Stock Exchange
D. Bangalore Stock Exchange
Which of the following is not a function of General Insurance?
A. Cattle Insurance
B. Crop Insurance
C. Fire Insurance
D. Medical Insurance
Liability- side of the balance-sheet comprises:
A. Capital and reserve
B. Long-term liabilities
C. Current liabilities
D. All of the above
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