Exam 3: Banking and Cheque-Related

__________ means signing on the back of negotiable instrument with a view to transfer the title in the instrument to another person

The nationalization of 14 major commercial bank was in June 1969 & six more banks were nationalized in April

Cheque contains a previous date is_____________

Current deposits are not entitled to-------------------.

Introduction in all deposits account is ----------------.

When a banker makes payment of a cheque after making hour he will be held ---------.

Promissory notes, bills of exchange and cheque are together defined as--------------.

---------------cheque is generated written and signed electronically .

__________is the provision of credit service to poor clients

Demand deposits are those which can be withdrawn ------------------

A banker who collects a cheque for and on behalf of his customer is-----------------.

Sec 138 state that drawer of a cheque is liable to be punished if the cheque is bounded for-----------.

The physical monument of a paper cheque is sued stop is

NABARD was set up on

When a drawer draws a cheque without keeping sufficient balance and if the cheque is dishonored for insufficient funds, the drawer is punishable with and imprisonment which may extend to -------- and or a fine.

A banker on whom a cheque is drawn by the customer is-----------------------.

________ is one of the aspects of Micro Finance

One of the conditions to honour the cheque by the paying banker is that amount in figures and words should---------.

A cheque is drawn on a -----------------.

Where a customer has issued a cheque date of which is yet to come such a cheque is called ---------.