Which of the following terms is not associated with banking? Options: A . &nbspIFSC B . &nbspMICR C . &nbspCTS D . &nbspFERA

Which of the following terms is not associated with banking?

Question

Which of the following terms is not associated with banking?

Options:

A . IFSC

B . MICR

C . CTS

D . FERA

Answer: Option D
Answer: (d)
CTS: Cheque Truncation System Cheque,
MICR: Magnetic Ink Character Recognition,
IFSC: Indian Financial System Code
FERA: Foreign Exchange Regulation Act.

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