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1

When a drawer draws a cheque without keeping sufficient balance and if the cheque is dishonored for insufficient funds, the drawer is punishable with and imprisonment which may extend to -------- and or a fine.

Correct Answer: 1 year

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Banking and Insurance MCQ: When a drawer draws a cheque without keeping sufficient balance and if the cheque is dishonored for insufficient funds, the drawer is punishable with and imprisonment which may extend to -------- and or a fine. | Extra Education