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Question

All the documents which are used by the account holders to facilitate transactions with bank are collectively known as __________ documents.

A
Legal
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B
Bank
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C
Deposit
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D
Withdrawal
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Solution

The correct option is B Bank
All the documents which are used by the account holders to facilitate transactions with bank are collectively known as bank documents. Bank documents include pay in slip to deposit money, withdrawal slip to withdraw money and cheques to make and receive payments.

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