N. S. Toor Solutions for Chapter: Banking Law and Practice, Exercise 8: 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 8: TEST YOUR SELF

Attempt the practice questions on Chapter 4: Banking Law and Practice, Exercise 8: 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 8: TEST YOUR SELF with Hints & Solutions

HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT

A Cheque crossed specially is presented for cash payment at the counter of the paying branch, by the cashier of the bank, in whose favour it is crossed:

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT

A cheque with a special crossing in favour of two banks is returned under the provision of:

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT

The ‘Paying account crossing’ is defined as _____ of _____.

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Account paying crossing is a direction of the drawer too:

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Which among the following group of instruments can be crossed by the drawer or holders?

HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT

If the holder of a cheque removes the crossing in such a way so that the same is not easily detectable even with careful examination of the cheque & gets the payment after presenting it at the counter of the drawee bank, the drawee bank will get protection u/s _____ of NI Act.

HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT

New Delhi branch of commercial bank receives a cheque for payment in clearing by Popular bank. The cheque bears crossing (written ‘Indore’ within two parallel transverse lines). What should the bank do?

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Crossing is a direction: