Which of the following companies introduced for the first time Traveller Cheques in the form of ‘circular notes’?
[A] Cox & King
[B] Thomas Cook
[C] American Express
[D] HSBC Bank USA
Correct Answer: B [Thomas Cook ]
MORE QUESTIONS ABOUT INDIAN ECONOMY
8.IFSC is an alphanumeric code designed to uniquely identify the bank branches in India. This is an 11-digit code with the first four characters representing the bank’s code, the next character reserved as control character (currently, 0 appears in the fifth position) and remaining six characters to identify the branch. RBI has advised all banks to print IFSC on cheque leaves issued to customers. What is the full form for IFSC Code?