When a drawer draws a cheque without keeping sufficient balance and if the cheque is bounced for insufficient funds.The drawer is punishable with imprisonment which may extend to and or a fine.
A) two months
B) one year
C) four months
D) six months
Correct Answer:
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Q4: EXIM Bank is owned by -
A)govt, of
Q5: Contribution towards Rural Infrastructure Development Fund is
Q6: Credit rationing is a…………method of credit control.
A)quantitative
Q7: The development programme began in our country
Q8: "Sans recourse" means _.
A)i am not afraid
B)do
Q10: The highest credit risk rating that can
Q11: Bankers, in general, are hesitant to finance
Q12: Factoring means .
A)financing against bills receivables.
B)financing invoices
Q13: Under law of limitation , the liability
Q14: The first bank to be established in
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