If a cheque presented through the Clearing House is returned unpaid for any reason, the banker has to enclose the cheque to a Returning Memo while returning the instrument to the customer. This provision has been prescribed under:
A. Negotiable Instruments Act, 1881
B. Reserve Bank of India Act, 1934
C. Banking Regulation Act, 1949
D. RBI Clearing House Rules
Answer: Option D
This Question Belongs to Commerce >> Banking And Financial Institutions
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