Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Home » Banking Awareness October 2025 to… » | Priority Sector, Consumer Protection & Digital Lending
Module: | Priority Sector, Consumer Protection & Digital Lending

Q43: Since September 15, 2018, what specific detail must a bank incorporate on the face of a Demand Draft, Pay Order, or Banker's Cheque?

A
The mobile number of the purchaser.
B
The name of the purchaser.
C
The purpose of the remittance.
D
The Aadhaar number of the beneficiary.
✅ Correct Answer: B
The bank shall incorporate the name of the purchaser on the face of the demand draft, pay order, banker's cheque, etc.
← Previous (Q42) The Housing and Education Priority Sector Len... Next (Q44) → Banks must put in place an adequate screening... 📚 Back to | Priority Sector, Consumer Protection & Digital Lending

🔄 More from | Priority Sector, Consumer Protection & Digital Lending: