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1. • • The following pointers highlight all the major benefits of the cheque truncation system (CTS) - The proceeds of a cheque can be realized on the same day Data storage and retrieval are made easy Minimize risks by implementing a secure cheque-clearing system Significant cost savings as a result of reduced expenses in physically moving cheques
     www.investkraft.com › blog › cheque-truncation-system-india

     CTS Explained: Benefits of the Cheque Truncation System in India

2. Top results related to what are the benefits of cheque truncation in excel

   • What are the benefits of the Iterator interface in Java?

     Top Answer

     Answered Sep 18, 2008 · 18 votes

     Why is this interface used?

     Because it supports the basic operations that would allow a client programmer to iterate over any kind of collection (note: not necessarily a Collection in the Object sense).

     Why are the methods... not directly coded to the data structure implementation itself?

     They are, they're just marked Private so you can't reach into them and muck with them. More specifically:

     • You can implement or subclass an Iterator such that it does something the standard ones don't do, without having to alter the actual object it iterates over.
     • Objects that can be traversed over don't need to have their interfaces cluttered up with traversal methods, in particular any highly specialized methods.
     • You can hand out Iterators to however many clients you wish, and each client may traverse in their own time, at their own speed.
     • Java Iterators from the java.util package in particular will throw an exception if the storage that backs them is modified while you still have an Iterator out. This exception lets you know that the Iterator may now be returning invalid objects.

     For simple programs, none of this probably seems worthwhile. The kind of complexity that makes them useful will come up on you quickly, though.

     Other Answers

     Answered Jun 20, 2020 · 6 votes

     You ask: "Why are the methods hasNext(), next() and remove() not directly coded to the data structure implementation itself?".

     The Java Collections framework chooses to define the Iterator interface as externalized to the collection itself. Normally, since every Java collection implements the Iterable interface, a Java program will call iterator to create its own iterator so that it can be used in a loop. As others have pointed out, Java 5 allows us to direct usage of the iterator, with a for-each loop.

     Externalizing the iterator to its collection allows the client to control how one iterates through a collection. One use case that I can think of where this is useful is when one has an an unbounded collection such as all the web pages on the Internet to index.

     In the classic GoF book, the contrast between internal and external iterators is spelled out quite clearly.

     A fundamental issue is deciding which party conrols the iteration, the iterator or the client that uses the iterator. When the client controls the iteration, the iterator is called an external iterator, and when the iterator controls it, the iterator is an internal iterator. Clients that use an external iterator must advance the traversal and request the next element explicitly from the iterator. In contrast, the client hands an internal iterator an operation to perform, and the iterator applies that operation to every element ....

     External iterators are more flexible than internal iterators. It's easy to compare two collections for equality with an external iterator, for example, but it's practically impossible with internal iterators ... But on the other hand, internal iterators are easier to use, because they define the iteration logic for you.

     For an example of how internal iterators work, see Ruby's Enumerable API, which has internal iteration methods such as each. In Ruby, the idea is to pass a block of code (i.e. a closure) to an internal iterator so that a collection can take care of its own iteration.

     Other Answers

     Answered Oct 07, 2008 · 5 votes

     it is important to keep the collection apart from the pointer. the iterator points at a specific place in a collection, and thus is not an integral part of the collection. this way, for an instance, you can use several iterators over the same collection.

     the down-side of this seperation is that the iterator is not aware to changes made to the collection it iterates on. so you cannot change the collection's structure and expect the iterator to continue it's work without "complaints".

     Check all answers on Stack Overflow

     1/5

   • What are the benefits of using Grape in the Rails app?

     Top Answer

     Answered Feb 21, 2013 · 1 votes

     Grape within Rails makes it easy to standardize the syntax of your API.

     For example, parameter validation and coercion, error handling specific to your API that's different than what Rails provides out of the box, and easy shortcuts for typical responses.

     You could do all this with Rails, of course. Grape just makes it easy.

     Check all answers on Stack Overflow

     2/5

   • What are the benefits of using the Row Constructor syntax in a T-Sql insert statement?

     Top Answer

     Answered Jul 27, 2018 · 2 votes

     Yes - you will see performance improvements. Especially with large numbers of records.

     Check all answers on Stack Overflow

     3/5

   • What are the benefits of Spring Framework in Terms of Testing Application?

     Top Answer

     Answered May 04, 2011 · 6 votes

     An application geared towards dependency injection is typically more testable because resources are easily replaced with test-oriented resources. Consider a service object that uses a data access object; in production, you'd inject a DAO that talked to a backend data store. But for each test you could create a DAO that returned specific, known data; this allows you to focus on the object being tested.

     Spring is one of many dependency injection frameworks for Java, albeit the most popular; any DI framework is going to give you this kind of benefit.

     Check all answers on Stack Overflow

     4/5

   • What are the benefits of using Scala in .Net?

     Top Answer

     Answered Aug 27, 2010 · 13 votes

     Most of the web search hits I see from "Scala .NET" are from 2008 or early 2009. Scala is an interesting language, but my admittedly-ill-informed impression is that is is not a "viable alternative" for an industrial-strength .NET application.

     I see people talk in passing about writing apps that are portable across CLR and JVM, and it's a nice idea in theory, but in practice I don't see any evidence that anyone has done this for reals. (If people do know of examples, please post them.)

     Check all answers on Stack Overflow

     5/5

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3. People also ask

   What is cheque truncation?

   • It Eliminates the time, money and manpower wasted during physical movement of cheques (from banks to clearing house). There is no fear of losing cheque in transit. In the year 2010, RBI came up with the guidelines for Cheque Truncation system. (CTS 2010) The banks would need to upgrade a few things to comply with CTS 2010 standards of RBI.

   Explained: Cheque Truncation System CTS-features, benefits - Mrunal

   mrunal.org/2012/10/economy-cheque-truncation-system-cts-2010-rbi-meaning-advantages-explained.html

   See all results for this question

   What are the benefits of grid based cheque truncation system?

   • With the implementation of grid-based Cheque Truncation System, cheque clearing process in general has gained speed and operational efficiency in addition to other benefits such as business process re-engineering, cost effectiveness, better service and adoption of cutting-edge technology.

   What is Cheque Truncation System? CTS Benefits and Highlights ... - Nel…

   www.nelito.com/blog/what-is-cheque-truncation-system-cts-benefits-and-highlights-of-cts-check.html

   See all results for this question

   What is Cheque Truncation System (CTS)?

   • Cheque Truncation System (CTS) is a cheque clearing system undertaken by the Reserve Bank of India (RBI) for quicker cheque clearance. As the term proposes, truncation is the course of discontinuing the flow of the physical cheque in its way of clearing. Instead of this an electronic image of the cheque is transferred with vital essential data.

   What is Cheque Truncation System? CTS Benefits and Highlights ... - Nel…

   www.nelito.com/blog/what-is-cheque-truncation-system-cts-benefits-and-highlights-of-cts-check.html

   See all results for this question

   What is Fincraft TM Cheque Truncation System (CTS)?

   • CTS is more advanced and more secure. Know more about FinCraft TM Cheque Truncation System. Cheque Truncation System (CTS) is a cheque clearing system undertaken by the Reserve Bank of India (RBI) for quicker cheque clearance.

   What is Cheque Truncation System? CTS Benefits and Highlights ... - Nel…

   www.nelito.com/blog/what-is-cheque-truncation-system-cts-benefits-and-highlights-of-cts-check.html

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4. www.nelito.com › blog › what-is-cheque-truncationWhat is Cheque Truncation System? CTS Benefits and ... - Nelito

   www.nelito.com › blog › what-is-cheque-truncation

   • Cached

   Benefits of Cheque Truncation System. Time, money and manpower expended on physical transfer of cheques from banks to clearing house are eliminated; Clearing related frauds become less plausible; Probability of cheques misplaced in transit is eliminated; CTS is more advanced and more secure. It provides quicker clearance of cheques

5. www.geeksforgeeks.org › cheque-truncation-systemCheque Truncation System (CTS): Full Form ... - GeeksforGeeks

   www.geeksforgeeks.org › cheque-truncation-system

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   May 27, 2024 · Advantages of Cheque Truncation System (CTS) Here are some advantages of CTS: 1. Faster Clearing and Settlement: One of the best things about Cheque Truncation System (CTS) is that it shortens the time needed for clearing and settling cheques significantly.

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     Cheque Truncation system CTS in details

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7. mrunal.org › 2012 › 10Explained: Cheque Truncation System CTS-features, benefits

   mrunal.org › 2012 › 10

   Oct 22, 2012 · What are the benefits of Cheque Truncation? It Eliminates the time, money and manpower wasted during physical movement of cheques (from banks to clearing house). Thus, Cheque Truncation =faster clearing = better service to customers, Cheque Truncation system reduces the scope for clearing-related frauds; There is no fear of losing cheque in ...

8. www.investkraft.com › blog › cheque-truncationCTS Explained: Benefits of the Cheque Truncation System in India

   www.investkraft.com › blog › cheque-truncation

   • Cached

   Apr 29, 2024 · Apr 29th 2024. Finance. Cheque truncation is an electronic clearing method used to settle and clear cheques between banks without physical paperwork or the cheque itself. Its purpose is to speed up the cheque-clearing process, resulting in transactions being processed within minutes.

9. unacademy.com › content › bank-examWhat is Cheque Truncation System and how does it benefit you?

   unacademy.com › content › bank-exam

   • Cached

   Several money payment systems are offered by banks like RTGS, NEFT, etc. These payment systems enable us to transfer funds quickly. Cheques being a prominent choice, Banks have made it a priority to improve the efficiency of cheque clearing. Banks have numerous benefits if the CTS system is implemented.

   • Answer. CTS system involves verification at each stage. Since the details are verified well the chance for fraud is ... Read full
   • Answer. The Digital India initiative is a novel project by the government of India. It aims to make India a major di... Read full
   • Answer. In the CTS system data is verified by using MICR readers and special UV scanners. The systems ensure that th... Read full
   • Answer. The CTS system significantly reduces the turnaround time involved in transactions. A lot of time is involved... Read full

10. excel-dashboards.com › blogs › blogExcel Tutorial: How To Truncate In Excel – excel-dashboards.com

    excel-dashboards.com › blogs › blog

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    Highlight the benefits of using formulas for truncating in Excel. Using formulas to truncate in Excel can streamline the process of cleaning up a dataset by quickly identifying and removing unnecessary rows. This can save time and effort compared to manually scanning through the data to identify blank rows.

11. www.solveyourtech.com › how-to-truncate-in-excel-aHow to Truncate in Excel: A Step-by-Step Guide - Solve Your Tech

    www.solveyourtech.com › how-to-truncate-in-excel-a

    • Cached

    Apr 22, 2024 · Use truncation to remove decimal places without rounding the number. Remember that truncating a negative number will bring it closer to zero. You can also truncate text strings by using the LEFT or RIGHT functions instead of TRUNC. Combining the TRUNC function with other Excel functions can help you create more powerful formulas.