What are the important measures suggested by RBI to banks for implementing preventive measures in order to reduce the cases of check frauds? 1. Provision of SMS Alert to the payee when the checks are received for clearing. 2. Provision for alerting the customer with a phone call in case of large value cheques and obtaining confirmation from the payer. 3. Ensuring 100% implementation of CTS (Check Truncation System) in withdrawals.

What are the important measures suggested by RBI to banks for implemen

1.	What are the important measures suggested by RBI to banks for implementing preventive measures in order to reduce the cases of check frauds? 1. Provision of SMS Alert to the payee when the checks are received for clearing. 2. Provision for alerting the customer with a phone call in case of large value cheques and obtaining confirmation from the payer. 3. Ensuring 100% implementation of CTS (Check Truncation System) in withdrawals.
A.	only 1
B.	only 2
C.	1 and 3 only
D.	All of the above
Answer» E.