| 1 |
Who can endorse the cheque: |
- A. Holder of cheque
- B. Drawer of cheque
- C. Both A & B
- D. None of these
|
| 2 |
Crossing which contains the name of a particular bank is called |
- A. Regular crossing
- B. Irregular crossing
- C. General crossing
- D. Special crossing
|
| 3 |
Term "or oreder" is written in order cheque after: |
- A. Drawer's name
- B. Payee's name
- C. Customer's name
- D. Endorsee's name
|
| 4 |
Amount of crossed cheque is recieved: |
- A. From bank's counter
- B. Issueing new cheque
- C. From bank's manager
- D. None of the above
|
| 5 |
Official empowered by theGovt. attest the negotiable instruments by his seal. |
- A. Gazette officer
- B. Notary public
- C. Public attorney
- D. None ofthese
|
| 6 |
Cheque is always crossed by |
- A. Drawer
- B. Drawee
- C. Holder
- D. All of the above
|
| 7 |
Cheque is a credit instrument which is |
- A. Negotiable
- B. Conditionally negotiable
- C. Non negotiable
- D. None of the above
|
| 8 |
The person who accepts the bill of exchang is. |
- A. Debtor
- B. Drawer
- C. Payee
- D. None of these
|
| 9 |
Bank or incomplete bill is called. |
- A. Foreign bill
- B. Local bill
- C. Short bill
- D. Dishonored bill
|
| 10 |
The bill whihc is payable on its presentation is called. |
- A. Sight bill
- B. Time bill
- C. Trade bill
- D. Accommodation bill
|
