Concept:In banking, a cheque remains valid for a limited period only.
After six months from the date written on it, the cheque becomes stale.
A stale cheque is not honoured by the bank unless it is revalidated by the drawer.
Explanation:The date shown on the cheque is 15th March 2012.
The standard validity period for a cheque is six months from that date.
Counting six months from 15th March 2012 brings us to 15th September 2012.
Thus, the cheque can be presented for payment up to 15th September 2012.
After that date, it expires and becomes stale.
The earliest day on which it becomes stale is therefore 16th September 2012.
So, the correct answer is the option that states 16th September 2012.
Answer:D. 16th September 2012