MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
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On a cheque issued by a customer, the bearer or order of the word is not written. This cheque will be treated as:

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Important Questions on Banking Law and Practice

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 4
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
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 5
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
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 6
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
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 7
Courtesy amount in a cheque stands for:
HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 8
On which of the following types of cheques alterations are not allowed by RBI:
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 1
Which of the following statement is correct:
HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 2
With endorsement on a cheque by the payee (a) his liability is equal to that of a principal debtor (b) the endorsee gets the rights of a creditor (c) endorsee becomes a holder in due course (d) endorsee can endorse it further. Which of the following combination not correct:
HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 3
Mr. Dharmvir has given a power of attorney to Mr. Ashok Kumar for the operation of accounts and dealing with negotiable instruments drawn in favor of Mr. Dharmvir. What will be the correct endorsement by Mr. Ashok Kumar among the following: