Multiple choice

Gift cheques can be purchased by

  1. individual customer and non-customer

  2. partnership firms

  3. private limited companies

  4. big corporate houses
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Gift cheques are instruments issued by banks that can be purchased by anyone - both existing customers and non-customers alike. They are typically used as gifts and the purchaser does not need to have an account relationship with the issuing bank.

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