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Question

For immediate withdrawal of cash from the bank account, withdrawal slip is used by the accountholder.

A
True
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B
False
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Solution

The correct option is A True
Withdrawal slip is used to withdraw cash from the bank. It is the slip that an account holder has to fill to enable him to withdraw money from the bank. It includes the name of the account holder, amount to be withdrawn, account number and date that should be provided at the time of withdrawing money from the bank.

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