Question 3

Briefly explain the statement ‘wrongly debited by the bank’ with the help of an example.


Amount wrongly debited by the bank implies a situation when the bank wrongly debited a Pass Book. The following are the common mistakes that occur in the Pass Book when a bank wrongly debited in the Pass Book. Mistakes occur in case a person has more than one account in a bank. For example, a cheque of Rs. 2,000 issued from his Current Account was wrongly paid through his Savings Account.

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