Mr. Suresh made his payment by cheque. At the same time Mr. Saksham made his payment by fund transfer :(a) Whose payment is faster?(b) Whose payment is related to traditional business?(c) Whose payment is related to e-business?

Q.3 (2) Mr. Suresh made his payment by cheque. At the same time Mr. Saksham made his payment by fund transfer :

(a) Whose payment is faster?
(b) Whose payment is related to traditional business?
(c) Whose payment is related to e-business?

Doubtly Asked 28 Oct 2026 Board exam · March 2025 hsc 12th Save WhatsApp Report

1 answer

Best answer

Answer: (a) Mr. Saksham’s (b) Mr. Suresh’s (c) Mr. Saksham’s

(a) Mr. Saksham’s payment is faster, because electronic fund transfer (NEFT/RTGS/IMPS/UPI) credits the money to the payee’s account almost immediately, while a cheque takes time for clearing.
(b) Mr. Suresh’s payment by cheque is related to traditional business, which uses physical documents and paper-based modes of payment.
(c) Mr. Saksham’s payment by online fund transfer is related to e-business, where payments are made electronically through the internet.

Doubtly AI · 28 Oct 2026 AI-verified · Oct 2026 Report

Was this answer helpful?