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प्रश्न
What do banks use to enable safe and fast money transfer from one place to another?
विकल्प
Only cash payments
Tools like cheques, demand drafts, pay orders, and NEFT/RTGS
Safe deposit lockers
Credit creation process
MCQ
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उत्तर
Tools like cheques, demand drafts, pay orders, and NEFT/RTGS
Explanation:
This function uses various credit instruments like drafts and electronic transfers, essential for commerce across locations.
shaalaa.com
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