| 1 |
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
|
| 2 |
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
|
| 3 |
The acceptance of bill with some conditionis called. |
- A. Dishonor acceptance
- B. Documentary acceptance
- C. Qualified acceptance
- D. General acceptance
|
| 4 |
Bank pays money at its counter for: |
- A. Bearer cheque
- B. Order cheque
- C. Both (A) & (B)
- D. Crossed cheque
|
| 5 |
Honoured cheuqe is a cheque which is |
- A. Accepted by drawee for payment
- B. Accepted by payee
- C. Accepted by endorsee
- D. All of the above
|
| 6 |
Bill of exchange is written order whihc is always. |
- A. Unconditional
- B. conditional
- C. Compulsory
- D. None ofthese
|
| 7 |
Drawer and drawee belongs to same country. |
- A. Domestic bill
- B. Foregin bill
- C. Trade bill
- D. Accommodation bill
|
| 8 |
Crossing of cheque is cancelled by |
- A. Drawer
- B. Drawee
- C. Holder
- D. All of the above
|
| 9 |
Crossing which contains the name of a particular bank is called |
- A. Regular crossing
- B. Irregular crossing
- C. General crossing
- D. Special crossing
|
| 10 |
On every cheque bank gets |
- A. Profit
- B. Commission
- C. Tax
- D. Duty
|
