N. S. Toor Solutions for Chapter: Banking Law and Practice, Exercise 6: TEST YOUR SELF

Author:N. S. Toor

N. S. Toor General Knowledge/General Awareness Solutions for Exercise - N. S. Toor Solutions for Chapter: Banking Law and Practice, Exercise 6: TEST YOUR SELF

Attempt the practice questions on Chapter 4: Banking Law and Practice, Exercise 6: TEST YOUR SELF with hints and solutions to strengthen your understanding. Hand Book Of Banking Information solutions are prepared by Experienced Embibe Experts.

Questions from N. S. Toor Solutions for Chapter: Banking Law and Practice, Exercise 6: TEST YOUR SELF with Hints & Solutions

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

A cheque is defined u/s _____ of NI Act:

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Legal amount in a cheque stands for:

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

On a cheque issued by a customer, the bearer or order of the word is not written. This cheque will be treated as:

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT

W.e.f 1.4.2012, the validity period of the cheque is as _____ per the RBI direction.

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Your branch receives a cheque of Rs.500 written in figures and Rs. Five lac in Words. Under Section 18 of the NI Act, the bank:

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

On a cheque issued by a customer, the bearer or order of the word are written. This cheque will be treated as:

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Courtesy amount in a cheque stands for:

HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT

On which of the following types of cheques alterations are not allowed by RBI: