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Question

A passbook is issued to a customer by the , which has details like the account number of the customer.

A
RBI
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B
bank
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C
Government of India
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D
insurance agency
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Solution

The correct option is B bank
Every deposit or withdrawal transaction is tracked on a record book called the passbook. A passbook is issued to a customer by the respective bank where the customer holds their account.

Passbooks carry details like the account number of the customer and other information. The primary function of a passbook is to ensure accountability for all transactions that customers make.

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