| 1 |
Drawee of the bank draft is a |
- A. Bank which issues a draft
- B. Bank on which the draft is drawn
- C. Payee of draft
- D. Sender of amount by draft
|
| 2 |
Bank draft onece issued can not be. |
- A. Honored
- B. Dishonored
- C. sent
- D. Paid
|
| 3 |
Negoitable credit instruemnts includes |
- A. Bank darft
- B. Postal order
- C. I.O.U
- D. Money order
|
| 4 |
The main characteristics of bank draft. |
- A. Written
- B. On demand
- C. Certain payment
- D. All of these
|
| 5 |
Which is appointed by govt. to certify the negotiable instrument: |
- A. Private attorney
- B. Public attorney
- C. Notary public
- D. Giazetted Officer
|
| 6 |
Treasury bill means: |
- A. Amount of government
- B. Evidence of governments debt
- C. Promise of government to pay
- D. None of the above
|
| 7 |
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
|
| 8 |
Drawer and payee of inland promissory note belong to |
- A. Same country
- B. Different countries
- C. Different cities
- D. None of the above
|
| 9 |
Bills of exchange is a negotiable instrument which contains |
- A. A written order
- B. Conditional written order
- C. Unconditional written order
- D. None of the above
|
| 10 |
Bill in which drawer belonging to two different countries: |
- A. Inland bill
- B. Foreign bill
- C. Accommodation bill
- D. None of the above
|
