Q9 Micro-lettering and UV-visible bank logos are mandatory features. Q10 Which of the following statements regarding the valid issuance and maintenance of cheques under CTS rules are correct? Q11 Consider the following statements regarding the "One National CTS Grid" operationalized by the Reserve Bank of India: Q12 What is the primary operational implication of the "One National CTS Grid" for cheque clearing in India? Q13 Prior to the implementation of the National CTS Grid, India's clearing infrastructure was divided into three separate grids based in Delhi, Mumbai, and Chennai. Q14 Consider the following statements regarding the "Positive Pay System" (PPS) introduced for cheque clearing: Q15 What is the primary purpose of the "Positive Pay System" (PPS) in the context of cheque clearing? Q16 Banks have the discretion to make the Positive Pay System (PPS) mandatory for cheques exceeding which value? Q17 Which of the following statements accurately describe the mechanics of "Cheque Truncation"? Q18 In the context of modern banking, what does the term "Cheque Truncation" strictly refer to? Q19 In an image-based clearing system, which entity holds the final responsibility for validating the drawer's signature and ensuring the sufficiency of funds before payment? Q20 Which magnetic ink feature on a cheque contains the essential data regarding the bank, branch, and cheque number required for automated processing?