Which was the first bank to introduce cheque system in India?

Q.  Which was the first bank to introduce cheque system in India?
- Published on 07 Feb 17

a. Bengal Bank
b. Bank of Hindustan
c. General Bank of India
d. Presidency Bank

ANSWER: Bengal Bank
 
Cheque system was introduced by Bengal Bank.

A cheque is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.

Related Content

➨ Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)
▲