| 1 |
A person who writes the bill is called |
- A. Drawee
- B. Drawer
- C. Payee
- D. Acceptor
|
| 2 |
Drawee of bank draft is. |
- A. Creditor
- B. Debtor
- C. Issuing bank
- D. Paying bank
|
| 3 |
Negotiable credit instrument do not include. |
- A. Bank draft
- B. Cheque
- C. Postal orders
- D. Treasury bill
|
| 4 |
Main parties of promissory note are |
- A. One
- B. Two
- C. Three
- D. Four
|
| 5 |
Bills of exchange has three: |
- A. Owners
- B. Parties
- C. Shareholders
- D. None of the above
|
| 6 |
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
|
| 7 |
The main content sof bank draft. |
- A. bank branch
- B. Payee
- C. Date
- 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 |
Credit instrument drawn by one bank on another bank is called |
- A. Cheque
- B. Bills of exchange
- C. Bank draft
- D. Treasury bill
|
| 10 |
In case of bank draft the drawer is. |
- A. Debtor
- B. Creditor
- C. Bank
- D. Account holder
|
