CBSEClass 11AccountancyBills of Exchange
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1. On dishonor of a discounted bill whom does the bank look for payment

2. The act for signing by the drawer on the book of the instruments for the purpose of transfer

3. Which balance is shown by a B/R Book

4. On whom the trade bill drawn

5. The party who is entitled to receive the cash of a bill receivable is called

6. Discounting Charges =

7. According to Negotiable Instrument Act, 1881, which of the following refers to “an instrument in writing (not being a bank note or a currency note) containing unconditional undertaking, signed by the maker to pay on demand or at a fixed or determinable future time a certain sum of money only to or to the order of a certain person, or to the bearer of the instrument”?

8. If the due date is public holiday what will be the due date of the bill

9. Fee paid in cash to Notary Public is charged by

10. Kamal draws a bill on Sahil for Rs. 3000. Kamal endorsed it to Rohan. Rohan endorsed it to Rakesh. The payee of the bill will be

Practice more on Bills of Exchange
Quiz 1Quiz 2Quiz 3Quiz 4