| 1 |
The person who accepts the bill of exchang is. |
- A. Debtor
- B. Drawer
- C. Payee
- D. None of these
|
| 2 |
Crossing of cheque is cancelled by |
- A. Drawer
- B. Drawee
- C. Holder
- D. All of the above
|
| 3 |
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
|
| 4 |
Bill of exchange is written order whihc is always. |
- A. Unconditional
- B. conditional
- C. Compulsory
- D. None ofthese
|
| 5 |
Payee has no give his identification to bank for receiving the amount of: |
- A. Bearer cheque
- B. Order cheque
- C. Blank cheque
- D. Crossedcheque
|
| 6 |
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
|
| 7 |
Person who recieves the amount of cheque from bank is called: |
- A. Drawee
- B. Payee
- C. Endorsee
- D. All of the above
|
| 8 |
Cheque signed by drawer without filling is called |
- A. Plain
- B. Blank
- C. Open
- D. Traveller's cheque
|
| 9 |
Cheque is always crossed by |
- A. Drawer
- B. Drawee
- C. Holder
- D. All of the above
|
| 10 |
Bank pays money at its counter for: |
- A. Bearer cheque
- B. Order cheque
- C. Both (A) & (B)
- D. Crossed cheque
|
