| 1 |
The person in whose favour the rights of recieving the amount of cheque transferred: |
- A. Endorser
- B. Payee
- C. Endorsee
- D. All of the above
|
| 2 |
Which type of a bill can be discounted form bank. |
- A. Sight bill
- B. Time bill
- C. Dishonored bill
- D. Unaccepted bill
|
| 3 |
Cheque is a written order drawn on |
- A. Endorsee
- B. Bank
- C. Customer
- D. All of the above
|
| 4 |
The bill of exchange who's tenor is more than three month is. |
- A. Sight bill of exchange
- B. Foreign bill exchnage
- C. Long bill exchange
- D. Short billof exchange
|
| 5 |
Cheque signed by drawer without filling is called |
- A. Plain
- B. Blank
- C. Open
- D. Traveller's cheque
|
| 6 |
Crossing which contains the name of a particular bank is called |
- A. Regular crossing
- B. Irregular crossing
- C. General crossing
- D. Special crossing
|
| 7 |
In case of non-negotiable instruments, the rights can: |
- A. Be tranferred
- B. Not be transferred
- C. Be conditionally transferred
- D. All of the above
|
| 8 |
Bank or incomplete bill is called. |
- A. Foreign bill
- B. Local bill
- C. Short bill
- D. Dishonored bill
|
| 9 |
A cheque which cannot be cashed at bank's counter |
- A. Bearer
- B. Order
- C. Crossed
- D. None of the above
|
| 10 |
Crossing of cheque is cancelled by |
- A. Drawer
- B. Drawee
- C. Holder
- D. All of the above
|
