What do you mean by a Clearing House? Options: A . &nbspCollection centre for cheques and demand drafts B . &nbspPooling centre for excess currencies received from the branches C . &nbspCollection centre for collection of tax and other receipts D . &nbspcollection centre for issuing debit and credit cards to customers

What do you mean by a Clearing House?

Question

What do you mean by a Clearing House?

Options:

A . Collection centre for cheques and demand drafts

B . Pooling centre for excess currencies received from the branches

C . Collection centre for collection of tax and other receipts

D . collection centre for issuing debit and credit cards to customers

Answer: Option A

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