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PRC-1 · Chapter 9 · Question 30 of 100

A cheque becomes 'stale' or out-of-date generally if it is not presented to the bank within:

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: C) 6 months of its date.

Explanation

In normal banking practice (including in Pakistan), a cheque is valid for 6 months from the date written on it. After that, it becomes stale and will be dishonoured.

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