Question:
How many types of cheque are there?
How many types of cheque are there?
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Crossed cheques are safer as they ensure that payment is directly deposited into the bank account, minimizing the risk of theft.
Updated On: Oct 10, 2025
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Solution and Explanation
There are two types of cheques: open cheques (payable to anyone) and crossed cheques (payable to a bank account holder).
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