Kotak Mahindra Bank Salesman Interview Questions and Answers

Z rule of cheque is a banking practice that requires the drawer to draw a line on the cheque after the amount to prevent any alteration.

• Z rule is also known as the 'not negotiable' rule.

• It is a security measure to prevent fraud and unauthorized alterations.

• The line should be drawn from the end of the amount to the end of the line.

• The line can be straight or zigzagged, but it must be continuous.

• If the cheque is crossed,...read more

Cheques and currency have various security features to prevent counterfeiting and fraud.

• Cheques may have watermarks, holograms, or special inks to prevent alteration or duplication.

• Currency may have security threads, microprinting, or color-shifting ink to deter counterfeiters.

• Both cheques and currency may have serial numbers or other unique identifiers to track authenticity.

• Advanced security features like biometric au...read more