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Q12: What is the primary operational implication of the "One National CTS Grid" for cheque clearing in India?

A
Every CTS-2010 cheque is treated as a local cheque regardless of location
B
Cheques must be physically transported to New Delhi for clearing
C
Only cheques above ₹50,000 are cleared digitally
D
Inter-city clearing delays are increased by 24 hours
✅ Correct Answer: A
The "One National CTS Grid" means that every CTS-2010 cheque in India is treated as local, and there are no separate inter-city delays in CTS.
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