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Bills of Exchan...

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  • Question 1
    1 / -0

    A bill drawn and accepted for a genuine trade transaction is termed as a(n)_________ bill.

  • Question 2
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    A bill of exchange is drawn by a ________.

  • Question 3
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    A person who draws a bill of exchange is known as the ________.

  • Question 4
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    When a loan will be NPA?

  • Question 5
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    A person to whom the bill is endorsed is called _____________.

  • Question 6
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    If the bill of exchange of two month's duration is accepted on 23rd November 1985 its maturity date will be ____________.

  • Question 7
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    A person who endorses a bill is called an _____________.

  • Question 8
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    The person in whose favor a bill is endorsed is known as _______.

  • Question 9
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    A bill drawn and accepted on 23rd November 1994 for 2 months will be due for payment on _______________.

  • Question 10
    1 / -0

    If the bill falls due for payment on 26th January, then the payment must be made on ____________ January.

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