How many parties are usually found in the case of a bill of...
X draws a bill on Y for Rs.3,000. X endorsed to Z. Y will pay the...
Priya sold goods to Nidhi for Rs.1,00,000. Priya will grant 5%...
How many days grace period is given for payment of bill of exchange
Parties to a bill of exchange are
On 1.1.05 X draws a bill on Y for Rs.10,000. At maturity Y request X...
Noting fee means
On 16.6.05 X draws a bill on Y for Rs 25,000 for 30 days. 19th July is...
A's acceptance to B for Rs 10,000 renewed at 2 months on the...
Noting charges are paid at the time of ___________ of a bill
From the following information,find out who can draw the bill if Mr.A...
If the due date is a public holiday what will be the due date of the...
X sold goods to Y for Rs.3,00,000. Half of the amount will be...
A's acceptance to B for Rs.2,500 discharge by a cash payment of...
On April 1, 2005, a bill was drawn for two months. The due date of...
A bill has been drawn on August 10, 2006 payable after 3 months. The...
If a bill is drawn on 28th January 2007 for 1 month, it will mature on...
On 1.1.05 X draws a bill on Y for Rs.15,000 for 3...
On 1.6.07 X draw a bill on Y for Rs.25000. At maturity bill was...
Under which circumstances drawyer and payee is same person:
Bills receivable endorsed are debited to
Sohan draws a 40 days bill on Rohan on 20th Jan 2007. The bill falls...
Bill of Rs.10,000 accepted by Rajesh was endorsed by Ritesh to Dinesh...
X draws a bill on Y for Rs.20,000 on 1.7.05 for 3 months after sight,...
X sold goods to Y for Rs.1,00,000.Y paid cash Rs. 30,000. X will grant...
A bill of exchange is called a ________by one who is liable to pay it...
Fees paid in cash to Notary Public is charged by:
Drawer means person who
If the date of maturity of a bill is a holiday, then the bill will...
On 1.1.06 Vikas draws a bill of exchange for Rs.10,000 due for payment...
A sold goods to B for Rs.20,000. A will grant 5% discount to B. B...
Which of the following statement is true:
Accommodation bills are written for which of these purposes
A bill of exchange is drawn on 1 January 2007 payable after 3 month....
On 1.04.07 Ram draws a bill on Rahim for 2 months for Rs.1,000,4 th...
A bill was drawn on 20.1.2006 payable after 60 days the due date of...
When the bill is to be produced to notary public :
The purpose of accommodation bill is
Discounting, endorsement and collection of bills of exchange is made...
Mr. A draws a bill on Mr.Y for Rs.30,000 on 1.1.05 for 3 months. On...
For mutual accommodation of A and B, B accepted a bill drawn on him by...
Which of the following is correct for presenting bill to notary public
Drawee means a person who
Our acceptance to Mr. A for Rs.8,000 renewed for 3 months on the...
On 10.05.2006, A drew a bill on B for Rs.50,000 for 40 days. June 22...
A bill of 12,000 was discounted by A with the banker for 11,880. At...
Discounting of bill by the drawer is done with _____________
On 1.7.06, Ravi draws a bill on Raju for Rs.10,000. At maturity Raju...
M sold goods worth of Rs.50,000 to N. On 1.10.05,N immediately...
Ram gets Ghosh's acceptance for Rs.12,000 discounted at 2 months...
X draws a bill on Y. X endorsed the bill to Z. _____________ ...
Kuntal draws a bill on Shyam for Rs.3,000. Kuntal endorsed it to Ram....
Ram's acceptance to Din for Rs.8,000 renewed at 3 months on the...
Which of these parties can be payee also
A drew a bill on B for Rs. 50,000 for 3 months. Proceeds are to be...
________ days of grace are allowed in case of time bills for...
On 1.1.05 X draws a bill on Y for Rs.50,000. At maturity,the bill...
A draws a bill on B for Rs.30,000.A wants to endorse it to C in...
How many parties are there in a promissory note
Mr. A receives a bill from B for Rs. 30,000 on 01.01.06 for 3 months....
Mr. Om sold goods worth Rs.250000 to Mr. Jai. Mr. Jai accepted a bill...
A draws a bill on B for Rs.5,000. A endorsed it toC.B will pay...
X draws a bill on Y.X endorsed the bill to Z.the payee of the bill...
Lara draws an accommodation bill on Sachin. The proceeds are to be...
Which of the following statement is false:
Which of these is not essential requirement of a bill of exchange
Retirement of bill means
Gaurav has to pay Rs. 10,000 to Saurabh on account of Bill accepted by...
Manish sold goods to Kamal for Rs.25000. Manish will grant 2% discount...
On 16.6.05 X draws a bill on Y for Rs.25,000 for 30 days. 19th July is...
X draws a bill on Y for Rs.30,000 on1.1.05.X accepts the same on...
On 1.1.05 X draws a bill on Y for Rs.50,000 for 3 months. X...
Gouri sold goods to Gupta on 1.6.06 for Rs.1600. Gupta immediately...
Which of these is not an essential requirement of a valid bill of...
Mr.X accepted a bill exchange of Rs.15,000 drawn by Y and payable in 3...
Birbal drew a three month bill on Satyapal for Rs.5,000. On due date...
A bill is drawn 12th June for 2 months. The due date of the bill will...
Mr Bobby sold goods worth Rs 25,000 to Mr Bonny. Bonny immediately...
The promissory note should be signed by :
Ramesh drew a 45 days bill on Komal on25th Jan 2007.The bill falls due...
Bill of Rs.5000 accepted by Rajan was endorsed by Rohit to Raj on...
On 1.1.05 X draws a bill on Y for Rs.20,000 for 3 months. Due...
The purpose of accommodation bill is:
Bill of Rs.15,000 accepted by A was endorsed by B to C on...
On 15.8.05 X draws a bill on Y for 3 months for Rs.20,000. 18th Nov...
On 1.4.07 Mr. Rahul draws a bill of one month on Mr. Sachin for...
Mr.Bobby sold goods worth Rs.25,000 to Mr.Bonny. Bonny...
Neelam sold goods to Dhiman for Rs.4,000 on1.5.06.On the same day he...
M/s Bhaskaran & Co. drew a three months' bill of Rs. 6,000 on...
Mohan drew a bill on Gopal for Rs. 100000 for 3 months if proceeds...
A bill of 12,000 was discounted by A with the banker for 11,880. At...
Mr.Rex accepted a bill drawn by Mr.Robin. Mr.Robin endorsed the bill...
Suman drew a bill on Sonu for Rs.4,500 for mutual accommodation in the...
Which of the following instrument is not a negotiable instrument :
Which of the following statement is true:
A holder of a bill of exchange becomes a holder in due course if...
Ram's acceptance to Din for Rs 8,000 renewed at 3 months on the...
Mr. Aakash draws a bill on Mr. Yash for Rs 30,000 on 1.1.06 for 3...
A draws a bill on B for Rs. 50,000 for mutual accommodation....
R owed Rs. 1000 to S. On 1st Oct., 2004, R accepted a bill drawn by S...
Fees paid in cash to Notary Public is charged by
State which of the following is not a foreign bill
X draws a bill on Y for Rs.20,000 for 3 months on 1.1.05....
A draws a bill on B for Rs.1,00,000. A endorsed the bill to C....
On acceptance of the bill the drawee ,debit which of these accounts
A bill is drawn on 28th March, 2006 for one month after sight . The...
Which of the following statements is true ?
X draws a bill on Y for Rs 20,000 for 3 months on 1.1.05. The bill is...
A promissory note is drawn by __________ in favour of his...
Ram sells goods for Rs.1,00,000 to Hari on 1st January, 2006 and on...
Kishan, the acceptor of the bill has to honour a bill on 31st...
The bill of Rs. 10,000 accepted by Ritesh on 1July 2006, was...
Which of the following instruments is not a negotiable instrument
On 1.12.05 X draw a bill on Y "for 30 days after sight". The...
Preet accepted a 90 days bill of Rs. 10,000 drawn by Jeet on...
On 1.6.05 X draws a bill on Y for Rs.25,000. At maturity Y...
Who bears the expenses of noting charges on dishonourment of a bill of...
Who bears the interest charges on renewal of a bill of exchange on...
Which of these parties would debit noting charges A/c
A draws a bill on B for Rs.50,000 for 3 months. At maturity ,the bill...
Which of the following is not a foreign bill :
X draw an accommodation bill on Y for Rs.7,000. The proceeds are to be...
Rohit acceptance to Sumit for Rs.15,000 renewed at 6 month on the...
X draws a bill on Y on 1.1.05 for Rs.20,000 for 30 days . What will be...
What type of account is a bill receivable a/c
Mohit, the acceptor of the bill has to honour a bill on 31st March...
On 1.8.05 X draws a bill on Y for 30 days after sight, the date...
In which of these ways a bill of exchange cannot be disposed
A promissory note does not require
A bill is drawn on 29th Jan'06 for one month after date. The date...
Which of these is not an essential requirement of a valid promissory...
Abhi draws a bill on Ravi for Rs.100000 for 3 months. At maturity, the...
On dishonourment of a bill received through endorsement debits is...
Mr.X accepted a bill exchange of Rs.15,000 drawn by Y and payable in 3...
A draws a bill on B for Rs 30,000. A wants to endorse it to C in...
On 1st January Shilpa owes Rs.10,000 and accepts a 3 months bill for...
A bill has been drawn on 26.2.2006 payable after 90 days. The due date...
Bill is drawn on 20 January 2005 for 2 months. After sight date of...
On 1.1.05 X draws a bill on Y for 3 months for Rs.10,000. On...
A draws a bill on B for Rs.50,000. A endorsed it to C in full...
Indian currency is a:
When a bill endorsed is dishonoured which one of these accounts...
If a venturer draws a bill on his co-venturer and if the...
A draws a bill on B for Rs.30,000 for mutual accommodation.A...
On 1.1.05 X draws a bill on Y for Rs.30,000. At maturity Y request X...
On 1.6.05 X draw a bill on Y for Rs.25,000. At maturity Y request X...
On discounting of accomidation of bills,who bears discount...
A draws a bill on B for Rs.4500 for mutual accomidation in the ratio...
Which account is debited by a drawee of a bill exchange on its...
The noting charges levied on dishonour of an endorsed bill by the...
Parul accepted a bill for 90 days of Rs.10,000 drawn by Rahul on 10...
Ram draws on Aslam a bill for Rs.60,000 on 1.4.01 for 2 months . Aslam...
If a bill is drawn on 24 November for 60 days, it will mature on
On 1.1.05 X draw a bill onY for Rs 50,000. At maturity, the bill...
The date of maturity of bill is 10th October, 2006. The Government of...
On 1st January, 2006, Mohan draws upon Sohan a bill of exchange at...
Promissory note is prepared by
On 18.02.05 A draw a bill on B for Rs.10,000. B accepted the bill on...
According to the provisions of Reserve Bank of India Act, a promissory...
Which of these accounts is debited by a drawee of a bill of...
At the time of retirement of a bill exchange,the drawee credit which...
On 1st January 2006 Nisha draws a bill for Rs.5,000 on Disha for 3...
Which of the following instrument cannot be made payable to bearer
What type of account is a bill payable account
On 1st January, 2006, Vimal sold goods worth Rs.20,000 to Renu and...
Which of these statements is not true about a promissory note ?
When a bill discounted is dishonoured the drawergives credit to which...
A draws a bill of Rs.10,000 on B on 23rd December, 2005 for one month....
A drew a bill on B for Rs.50,000 for 3 months .Proceeds are to be...
Which of these statements is true about a promissory note ?
S draws 2 bills of exchange on 1.1.06 for Rs.3,000 and Rs.5,000...
Raj drew a bill on Rohan for Rs.1,00,000 for mutual...
Our promissory note for Rs.5,000 in favour of Mohan settled by sending...