| 1 |
On issuance of bank draft bank gets. |
- A. Tax
- B. Commission
- C. Profit
- D. Duty
|
| 2 |
A person who writes the bill is called |
- A. Drawee
- B. Drawer
- C. Payee
- D. Acceptor
|
| 3 |
Which is appointed by govt. to certify the negotiable instrument: |
- A. Private attorney
- B. Public attorney
- C. Notary public
- D. Giazetted Officer
|
| 4 |
Bank draft is always in the form of. |
- A. Hand written
- B. Printed
- C. Stamp paper
- D. None of these
|
| 5 |
The bank branch on whic the draft is drawn is. |
- A. Drawer
- B. Payee
- C. Drawee
- D. None of these
|
| 6 |
Treasury bill is a : |
- A. Negotiable credit instrument
- B. Non-negotiable credit instrument
- C. Debentures
- D. Shares
|
| 7 |
The main characteristics of bank draft. |
- A. Written
- B. On demand
- C. Certain payment
- D. All of these
|
| 8 |
Negoitable credit instruemnts includes |
- A. Bank darft
- B. Postal order
- C. I.O.U
- D. Money order
|
| 9 |
Bills of exchange is a written order which is always |
- A. Conditional
- B. Unconditional
- C. Partially conditional
- D. All of the above
|
| 10 |
In case of bank draft the drawer is. |
- A. Debtor
- B. Creditor
- C. Bank
- D. Account holder
|
