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Bouncing of a cheque is not an offence in one of the following circumstance :

ACheque given for clearing a debt

BCheque given as donation

CCheque given to clear a loan

DCheque given for purchase of a car

Answer:

B. Cheque given as donation

Read Explanation:

  • Bouncing of cheques is mentioned in section 138 of NI Act.

  • Bouncing of Cheque' means when an account does not have sufficient balance to honour the cheque issued by the customer "Fund Insufficient".

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