Certification Is an Undertaking by the Bank to Pay the Amount

question 65

True/False

Certification is an undertaking by the bank to pay the amount of the cheque to the drawer when it is presented for payment.

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Definitions:

Social Media

Online platforms and technologies that enable users to create, share content, or participate in social networking.

Stakeholder Engagement

The practice of actively involving individuals or groups who may be affected by or have an interest in a project or decision of an organization.

Corporate Social Responsibility

A business model where companies integrate social and environmental concerns in their operations and interactions with their stakeholders, aiming to have a positive impact on society.

Participatory Initiatives

Programs or projects designed to actively involve stakeholders, especially the community or employees, in decision-making or activities.