Multiple Choice
The legal obligation to honour cheques is subject to:
A) The cheque being post-dated
B) The cheque being drawn on another bank
C) The cheque being drawn by the depositor
D) The cheque being drawn on the account where there is insufficient balance
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q15: One of the main aim of a
Q16: _are the banks whose main objectives is
Q17: The RBI commenced its operation from 1st
Q18: The Governor of the Reserve Bank of
Q19: Commercial Bank as the name suggest is
Q20: The main objective of the Reserve Bank
Q21: Payment of cheque can be stopped by<br>A)Beneficiary<br>B)Nominee<br>C)Drawer
Q22: Currency notes of Rupee 1 and its
Q23: A Central Bank is the sole authority
Q25: _is an instrument which is used for