The Reserve Bank may recover by charging any account on its books maintained by the sender if:
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A. B. C. D.AC
The question seems to be related to the topic of recovery by the Reserve Bank in case of a proceeding or legal action related to a payment item. Specifically, the question mentions the term "crcm," which is not immediately clear what it stands for. However, based on the answer options provided, it appears that the question is related to the legal and regulatory framework governing the handling of payment items by the Reserve Bank.
Of the four answer options provided, only option B seems to directly relate to the question of recovery by the Reserve Bank. This option states that the Reserve Bank may recover by charging any account on its books maintained by the sender if any action by the Reserve Bank is within the scope of its authority in handling the item. This suggests that the Reserve Bank has the power to recover any costs or damages related to the handling of a payment item if it is acting within its legal and regulatory mandate.
The other answer options seem less relevant to the question of recovery by the Reserve Bank. Option A suggests that the Reserve Bank may recover if it makes a written demand to the sender to assume defense of the proceeding. While this may be relevant to the legal process related to the payment item, it does not directly relate to the question of recovery by the Reserve Bank.
Option C suggests that the Reserve Bank may only recover if the sender has not made any other payment arrangement acceptable to the Reserve Bank. This may be relevant to the question of how payments are processed and settled, but it does not directly relate to the question of recovery by the Reserve Bank.
Option D suggests that the Reserve Bank may recover if there is any warranty made by the Reserve Bank. However, it is not clear what type of warranty is being referred to or how it relates to the question of recovery by the Reserve Bank.
In summary, based on the answer options provided, option B seems to be the most relevant answer to the question of how the Reserve Bank may recover by charging any account on its books maintained by the sender if a legal proceeding arises related to the payment item.