In case of banker’s refusal to honour the cheque inspite of sufficient funds incustomer’s account, the banker is

Question:

In case of banker’s refusal to honour the cheque inspite of sufficient funds incustomer’s account, the banker is

A.

liable to compensate the drawer.

B.

not liable to compensate the drawer .

C.

criminally liable under section 138.

D.

liable to be delisted.

Answer» a. liable to compensate the drawer.

Note: The above multiple-choice question is for all general and Competitive Exams in India