The place where bankers meet daily to exchange cheques dr...
The place where bankers meet daily to exchange cheques drawn on each other is known as
capital market
money market
clearing house
discount houses
Correct answer is C
The Clearing House is a central place or office where the representatives of all the banks in a particular area meet and exchange cheques and other instruments which ensures that a payee receives the full value of a cheque or standing order.
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