The terms drawer, drawee and payee are associated with;
A) cheques
B) promissory notes
C) delivery order
D) hundies
Correct Answer:
Verified
Q5: Indian Institute of Bankers is registered as.............
A)trustee
B)association
C)joint
Q6: The head quarters of National Housing Bank
Q7: The Head quarters of Allahabad Bank is
A)allahabad
B)mumbai
C)calcutta
D)delhi
Q8: The 'Teller System' has been introduced by
Q9: Money at call and short notice of
Q11: Where the RBI has no branch the
Q12: Unless otherwise specified DD or cheques is
Q13: RBI was nationalised in the year
A)1941
B)1949
C)1943
D)1935
Q14: The drawee of a cheque is always..........
A)customer
B)minor
C)company
D)bank
Q15: Commercial banks in India was organised as.......
A)sole
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