| 1 |
Which is appointed by govt. to certify the negotiable instrument: |
- A. Private attorney
- B. Public attorney
- C. Notary public
- D. Giazetted Officer
|
| 2 |
Treasury bill means: |
- A. Amount of government
- B. Evidence of governments debt
- C. Promise of government to pay
- D. None of the above
|
| 3 |
The bills of exchange which is paid after the expiry of fixed period of time called |
- A. Accommodation bill
- B. Sight bill
- C. Time bill
- D. All of the above
|
| 4 |
The draft having two transvers parallel lines on its face is called. |
- A. Order bank draft
- B. Crossed bank draft
- C. Transvverse draft
- D. All of these
|
| 5 |
Bills of exchange is |
- A. An order to pay
- B. A request to pay
- C. A promise to pay
- D. All of the above
|
| 6 |
On issuance of bank draft bank gets. |
- A. Tax
- B. Commission
- C. Profit
- D. Duty
|
| 7 |
Draft drawn and pid in two different parties int he same country is called. |
- A. Foreign draft
- B. Demand draft
- C. Local draft
- D. None of these
|
| 8 |
The draft whihc is drawn and paid intwo different countries. |
- A. Inland draft
- B. Ordered draft
- C. Foreign draft
- D. Home draft
|
| 9 |
Drawee of bank draft is. |
- A. Creditor
- B. Debtor
- C. Issuing bank
- D. Paying bank
|
| 10 |
In case of bank draft the drawer is. |
- A. Debtor
- B. Creditor
- C. Bank
- D. Account holder
|
