When a banker collects a cheque for which he has already given cash,his position is that of a…………
A) collecting bank
B) dealer
C) agent
D) holder for value
Correct Answer:
Verified
Q11: The drawee banker of a demand draft
Q12: …………..is always drawn on a specified banker.
A)bill
Q13: A customer requests for issue of a
Q14: A and B have jointly hired a
Q15: Pay order is issued by the banks
Q17: Merchant banking includes
A)managing issue of shares
B)opening branches
Q18: In case of ………….days of grace are
Q19: A minor can open and operate an
Q20: .The person appointed to operate the account
Q21: A joint account can be opened by
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