Bill of Exchang...

A draw a bill of exchange on $$B$$ for $$Rs. 3,000$$ for $$4$$ months. He got it discounted with a Bank at $$12$$% p.a. The discount charged by the bank will be _________.

Bill drawn and accepted for genuine trade transaction is called _________.

U/s $$12$$ of the negotiable instruments act, all the instruments which are not inland instruments are_______.

X a resident of Japan draw a bill of exchange of $$Rs. 5000$$ upon Y payable in Mumbai. This is a ___________.

Mr. X accepted a bill of exchange of $$Rs. 1500$$ drawn by Y and payable in $$3$$ months. He got it discounted from bank at $$2$$% discount. The discounting charges amounted to __________.

When a bill endorsed is dishonoured, ________ a/c is credited by the drawee.

Mr. X accepted a bill of exchange of $$Rs. 1500$$ drawn by Y and payable in $$3$$ months. He got it discounted from bank at $$2$$% discount. On the due date X failed to pay the bill as he was adjudged insolvent. A final dividend of $$0.25$$ in a rupee was received from his estate. Find the amount recovered from the estate of X.

Documents of title
Which of these is an odd one so for document of title is concerned.

Retirement of bill means __________.

X draws a bill of exchange of $$Rs. 5,000$$ on B for $$4$$ months on $$15th\ February$$. The due date of the bill is ________.