Q6 All cheques , Bills etc preferable at a treasury for payment being non negotiable instruments can be endorsed only once .The above said statement isa. True b. False

Q6 All cheques , Bills etc preferable at a treasury for payment being nonnegotiable instruments can be endorsed only once .
The above said statement is
a. True b. False
by

1 Answer

Answer :

a. True
by

Related questions

The law regarding negotiable instruments is contained in __________ A. The Bill of exchange Act 1881 B. The Banking Regulation Act 1949 C. Cheques Act, 1881 D. The Negotiable Instruments Act, 1881

Description : The law regarding negotiable instruments is contained in __________ A. The Bill of exchange Act 1881 B. The Banking Regulation Act 1949 C. Cheques Act, 1881 D. The Negotiable Instruments Act, 1881

Last Answer : D. The Negotiable Instruments Act, 1881 Explanation: The Negotiable Instruments Act, 1881 – An Act to define and Law relating to negotiable instruments which are Promissory Notes, Bills of Exchange and cheques.

Which of the following section of Negotiable Instruments Act, 1881 deals with Cheques? A. Section 4 B. Section 5 C. Section 6 D. Section 7 E. None of the Above

Description : Which of the following section of Negotiable Instruments Act, 1881 deals with Cheques? A. Section 4 B. Section 5 C. Section 6 D. Section 7 E. None of the Above

Last Answer : C. Section 6 Explanation: The section 6 of the Negotiable Instruments Act, 1881 deals with Cheques.

Charges against two or more major heads should be included in one bill The above said statement isa. True b False

Description : Charges against two or more major heads should be included in one bill The above said statement is a. True b False

Last Answer : b False

The section 4 of the Negotiable Instruments Act, 1881 deals with ________ A. Cheque B. Bills of Exchange C. Promissory Note D. All of the Above E. None of the Above

Description : The section 4 of the Negotiable Instruments Act, 1881 deals with ________ A. Cheque B. Bills of Exchange C. Promissory Note D. All of the Above E. None of the Above

Last Answer : C. Promissory Note Explanation: The section 4 of the Negotiable Instruments Act, 1881 deals with Promissory Note.

Money order payable to a person who is not permanent resident within the jurisdiction of office of payment a) Will not be paid b) Payment will be made only through cheques c) Payment will be made only by the postmaster d) Can be paid in the normal course on satisfactory proof of identity of the person in the MO

Description : Money order payable to a person who is not permanent resident within the jurisdiction of office of payment a) Will not be paid b) Payment will be made only through cheques c) Payment will be made only ... d) Can be paid in the normal course on satisfactory proof of identity of the person in the MO

Last Answer : d) Can be paid in the normal course on satisfactory proof of identity of the person in the MO

Payment on account of pensions and commuted value of pensions made by Head and Sub Post offices will be entered in a separate schedule The above said statement is a. True b. False

Description : Payment on account of pensions and commuted value of pensions made by Head and Sub Post offices will be entered in a separate schedule The above said statement is a. True b. False

Last Answer : a. True

pensioner can be exempted from personal appearance for payment , if he produce life certificate from a Group A or B government Servants The Above said statement is a. True b. False

Description : pensioner can be exempted from personal appearance for payment , if he produce life certificate from a Group A or B government Servants The Above said statement is a. True b. False

Last Answer : a. True

The gratuity payment can be made through the branch Office The above said statement is a. True b. False

Description : The gratuity payment can be made through the branch Office The above said statement is a. True b. False

Last Answer : b. False

Cheque payment of Postage from the holders of Franking machine licenses can be accepted with bank guarantee. The above said statement is a. True b. False

Description : Cheque payment of Postage from the holders of Franking machine licenses can be accepted with bank guarantee. The above said statement is a. True b. False

Last Answer : b. False

If you want to ensure that your money will be secured if cheques sent are wasted in the post, you should A) Always pay by cash B) Cross your Cheques ‘Account Payee only, Not Negotiable.’ C) Always get the money in person D) Not use the postal service in future

Description : If you want to ensure that your money will be secured if cheques sent are wasted in the post, you should A) Always pay by cash B) Cross your Cheques ‘Account Payee only, Not Negotiable.’ C) Always get the money in person D) Not use the postal service in future

Last Answer : Answer: B

Acquittance rolls and offices of the bills are not to submitted to the circle office The above said stamen is -a. True b False

Description : Acquittance rolls and offices of the bills are not to submitted to the circle office The above said stamen is -a. True b False

Last Answer : a. True

The term 'negotiation' in section 14 of the Negotiable Instruments Act, 1881 refers to A. The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the person the holder thereof B. The payment by a bank on a negotiable instrument after due verification of the instrument C. The bargaining between the parties to a negotiable instrument D. All of the above.

Description : The term 'negotiation' in section 14 of the Negotiable Instruments Act, 1881 refers to A. The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the ... the instrument C. The bargaining between the parties to a negotiable instrument D. All of the above

Last Answer : A. The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the person the holder thereof

Which of the following is subject to payment of Stamp Duty under Indian Stamp Act, 1899 (Central Act)? A. Commercial Paper B. Treasury Bills C. Certificate of Deposit D. Both (A) and (C) E. None of the Above

Description : Which of the following is subject to payment of Stamp Duty under Indian Stamp Act, 1899 (Central Act)? A. Commercial Paper B. Treasury Bills C. Certificate of Deposit D. Both (A) and (C) E. None of the Above

Last Answer : C. Certificate of Deposit Explanation: CD is subject to payment of Stamp Duty under Indian Stamp Act, 1899 (Central Act).

What are the types of non negotiable instruments?

Description : What are the types of non negotiable instruments?

Last Answer : Need answer

When the property ordered to be attached is immovable a) When endorsed by the District magistrate concerned b) In case land paying revenue to the State government be made through the collector of the district in which the land is situate c) Both the A & B. d) None of these

Description : When the property ordered to be attached is immovable a) When endorsed by the District magistrate concerned  b) In case land paying revenue to the State government be made through the  collector of the district in which the land is situate c) Both the A & B. d) None of these

Last Answer : b) In case land paying revenue to the State government be made through the  collector of the district in which the land is situate

When order of attachment of property has been issued against absconded person is situate another district. a) When endorsed by the District collector concerned b) When endorsed by the Assistant commissioner concerned c) When endorsed by the District magistrate concerned d) Any one of the above

Description : When order of attachment of property has been issued against absconded person  is situate another district. a) When endorsed by the District collector concerned b) When endorsed by the Assistant ... concerned c) When endorsed by the District magistrate concerned  d) Any one of the above

Last Answer : c) When endorsed by the District magistrate concerned

Security bond of postal officials, duly endorsed by the Supdt or First Class postmaster should be kept by the ________ concerned a) Post master of the Head post office b) Inspector of sub division c) O/o Suptd d) None of these

Description : Security bond of postal officials, duly endorsed by the Supdt or First Class postmaster should be kept by the ________ concerned a) Post master of the Head post office b) Inspector of sub division c) O/o Suptd d) None of these

Last Answer : a) Post master of the Head post office

Payment related with Compensation for registered articles should be credited ---------- account head a. Bills Paid b. refund of article c. UCP

Description : Payment related with Compensation for registered articles should be credited ---------- account head a. Bills Paid b. refund of article c. UCP

Last Answer : c. UCP

Payment of account of international and commonwealth reply coupons has to be credited ---------------- account head a. UCP b. Bills Paid c. Payment of refund

Description : Payment of account of international and commonwealth reply coupons has to be credited ---------------- account head a. UCP b. Bills Paid c. Payment of refund

Last Answer : a. UCP

If enquiry officer is not submit or handed over the case records and inquiry report to disciplinary authority then payment of honorarium can be made . The above statement is a. True b. False

Description : If enquiry officer is not submit or handed over the case records and inquiry report to disciplinary authority then payment of honorarium can be made . The above statement is a. True b. False

Last Answer : b. False

While making the payment of amount which is due for civil work to government agencies , the full amount can be paid The above statement is a. True b. False c. Subject condition and considering the circumstance , the advance payment of full amount shall be drawn

Description : While making the payment of amount which is due for civil work to government agencies , the full amount can be paid The above statement is a. True b. False c. Subject condition and considering the circumstance , the advance payment of full amount shall be drawn

Last Answer : c. Subject condition and c

An amount of INR 0.50 (50 paise) per article shall be charged for e-IOD service. The charge would be paid in the form of postage/frank etc. For example, for a Bill Mail Service article requiring a postage of INR 3 for weight up to 50 grams, and INR 0.50 for eIoD facility, the postage affixed/franked should be INR 3.50 Above statement is a) True b) False

Description : An amount of INR 0.50 (50 paise) per article shall be charged for e-IOD service. The charge would be paid in the form of postage/frank etc. For example, for a Bill Mail Service article ... eIoD facility, the postage affixed/franked should be INR 3.50 Above statement is a) True b) False

Last Answer : a) True

Post office Accountants in the selection grade can attest the entries in service book The above said statement is a. True b. False

Description : Post office Accountants in the selection grade can attest the entries in service book The above said statement is a. True b. False

Last Answer : a. True

The amount of subsistence allowance may increased or decreased subject to some condition The above said statement is a. True b. False

Description : The amount of subsistence allowance may increased or decreased subject to some condition The above said statement is a. True b. False

Last Answer : a. True

Honorarium can be paid for the works related with calculation of Tax The above said statement is a. True b. false

Description : Honorarium can be paid for the works related with calculation of Tax The above said statement is a. True b. false

Last Answer : a. True

A Female officer who has been allotted residential accommodation free of rent may be permitted to enjoy the rent free concession during the entire period of maternity leave The above said statement is a. True b. False

Description : A Female officer who has been allotted residential accommodation free of rent may be permitted to enjoy the rent free concession during the entire period of maternity leave The above said statement is a. True b. False

Last Answer : a. True

The break in service should affect promotion through normal DPC The above said statement is a. True b. False

Description : The break in service should affect promotion through normal DPC The above said statement is a. True b. False

Last Answer : a. True

A Government servant attend in departmental examination may considered as duty then the official should report his/her office after the examination The above said statement a. True b . False

Description : A Government servant attend in departmental examination may considered as duty then the official should report his/her office after the examination The above said statement a. True b . False

Last Answer : b . False

GPF rules 1960 can be amended time to time The above said statement is a. true b. false

Description : GPF rules 1960 can be amended time to time The above said statement is a. true b. false

Last Answer : a. true

Date of credit in the SB ( Pension ) account may be taken as the date of receipt of commuted value of the pension The above said statement a. True b. False

Description : Date of credit in the SB ( Pension ) account may be taken as the date of receipt of commuted value of the pension The above said statement a. True b. False

Last Answer : a. True

Special Contingencies can be incurred without the previous sanction of Superior authority The above said statement is -a. True b false

Description : Special Contingencies can be incurred without the previous sanction of Superior authority The above said statement is -a. True b false

Last Answer : b false

The Period of Joining time should be shown separately in absentee Statement The above said statement is - a. True b. False

Description : The Period of Joining time should be shown separately in absentee Statement The above said statement is - a. True b. False

Last Answer : a. True

If Pay or allowances be due in India to government servant absent outside then Government will make arrangement to pay the due amount to him The above said statement is a. true b. False

Description : If Pay or allowances be due in India to government servant absent outside then Government will make arrangement to pay the due amount to him The above said statement is a. true b. False

Last Answer : b. False

The account records against which audit objections are pending should not be destroyed until final settlement of audit objections The above said statement is a. True b. False

Description : The account records against which audit objections are pending should not be destroyed until final settlement of audit objections The above said statement is a. True b. False

Last Answer : a. True

No Government officer may issue duplicates or copies of receipts granted for money received The above said statement is a. true b. false

Description : No Government officer may issue duplicates or copies of receipts granted for money received The above said statement is a. true b. false

Last Answer : a. true

In determining reasonable time for the purpose of payment of a negotiable instrument A. Public holidays are included B. Public holidays are excluded C. Only the holidays observed by the banks are excluded D. None of the above.

Description : In determining reasonable time for the purpose of payment of a negotiable instrument A. Public holidays are included B. Public holidays are excluded C. Only the holidays observed by the banks are excluded D. None of the above.

Last Answer : B. Public holidays are excluded

ACG 28 denotes ----------- a. Register of dishonoured Cheque b. Register of cheques received and cleared c. None of these

Description : ACG 28 denotes ----------- a. Register of dishonoured Cheque b. Register of cheques received and cleared c. None of these

Last Answer : b. Register of cheques received and cleared

Money market is a market for - (1) Short term fund (2) Long term fund (3) Negotiable instruments (4) Sale of shares

Description : Money market is a market for - (1) Short term fund (2) Long term fund (3) Negotiable instruments (4) Sale of shares

Last Answer : (1) Short term fund Explanation: The money market is where financial instruments with high liquidity and very short maturities are traded. It is used by participants as a means for borrowing ... the common money market instruments are: commercial paper, municipal notes, interest rate swaps, etc.

Scheduled banks are required to keep cash reserve with RBI, interms of _______ A. Section 24 of the Banking Regulation Act, 1949 B. Section 20 of the Banking Regulation Act, 1949 C. Section 42(i) of the RBI Act, 1934 D. Section 42 of Negotiable Instruments Act

Description : Scheduled banks are required to keep cash reserve with RBI, interms of _______ A. Section 24 of the Banking Regulation Act, 1949 B. Section 20 of the Banking Regulation Act, 1949 C. Section 42(i) of the RBI Act, 1934 D. Section 42 of Negotiable Instruments Act

Last Answer : C. Section 42(i) of the RBI Act, 1934 Explanation: Every bank included in the Second Schedule shall maintain with the Bank an average daily balance the amount.

Bank Holidays are covered by which of the following? A. As per the order of the GOI B. As per the order of the IBA C. Negotiable Instruments Act D. RBI Act E. Other than those given as options

Description : Bank Holidays are covered by which of the following? A. As per the order of the GOI B. As per the order of the IBA C. Negotiable Instruments Act D. RBI Act E. Other than those given as options

Last Answer : C. Negotiable Instruments Act Explanation: Bank Holidays are declared by Central/State Governments/ Union Territory under the Negotiable Instruments (NI) Act, 1881.

A Shareholder has been defined by ________ A. Banking Regulation Act, 1949 B. Reserve Bank of India Act, 1934 C. Negotiable Instruments Act, 1881 D. Indian Contract Act, 1872 E. The companies act, 1956

Description : A Shareholder has been defined by ________ A. Banking Regulation Act, 1949 B. Reserve Bank of India Act, 1934 C. Negotiable Instruments Act, 1881 D. Indian Contract Act, 1872 E. The companies act, 1956

Last Answer : E. The companies act, 1956 Explanation: The Companies Act, 1956 ―Small Shareholder‖ means a shareholder holding shares of nominal value of twenty thousand rupees or less in a public company to which section 252 of the Act applies.

The rules framed in the Clayton‟s case have been incorporated in _________ A. Banking Regulation Act, 1949 B. Reserve Bank of India Act, 1934 C. Negotiable Instruments Act, 1881 D. Indian Contract Act, 1872 E. None of the Above

Description : The rules framed in the Clayton‟s case have been incorporated in _________ A. Banking Regulation Act, 1949 B. Reserve Bank of India Act, 1934 C. Negotiable Instruments Act, 1881 D. Indian Contract Act, 1872 E. None of the Above

Last Answer : D. Indian Contract Act, 1872 Explanation: The rules framed in the Clayton‘s case was incorporated in Section 59 of the Indian Contract Act, 1872.

For the purpose of attracting the provisions of section 138 of the Negotiable Instruments Act, 1881, a cheque has to be presented to the bank A. Within a period of six months B. Within a period of six months from the date on which it is drawn or within the period of its validity, whichever is earlier C. Within a period of 15 days from the date on which it is drawn D. None of the above.

Description : For the purpose of attracting the provisions of section 138 of the Negotiable Instruments Act, 1881, a cheque has to be presented to the bank A. Within a period of six months B. Within a period of six ... . Within a period of 15 days from the date on which it is drawn D. None of the above.

Last Answer : B. Within a period of six months from the date on which it is drawn or within the period of its validity, whichever is earlier

Can the holder of a negotiable instrument indorsed in blank convert the indorsement into an indorsement in full? A. No, such a conversion is not possible under the Negotiable Instruments Act, 1881 (Section 49) B. Yes, the holder can, without signing his own name, and by writing above the indorser's signature a direction to pay to any other person as indorsee, convert the indorsement in blank into an indorsement in full (Section 49) C. Yes, the holder can by signing his own name and by writing above the indorser's signature a direction to pay to any other person as indorsee, convert the indorsement in blank to an indorsement in full (Section 49) D. None of the above.

Description : Can the holder of a negotiable instrument indorsed in blank convert the indorsement into an indorsement in full? A. No, such a conversion is not possible under the Negotiable Instruments Act, 1881 (Section ... the indorsement in blank to an indorsement in full (Section 49) D. None of the above.

Last Answer : C. Yes, the holder can by signing his own name and by writing above the indorser's signature a direction to pay to any other person as indorsee, convert the indorsement in blank to an indorsement in full (Section 49)

The Negotiable Instruments Act, 1881 came into force on A. 9th December 1881 B. 19th December 1881 C. 1st March 1882 D. none of the above.

Description : The Negotiable Instruments Act, 1881 came into force on A. 9th December 1881 B. 19th December 1881 C. 1st March 1882 D. none of the above.

Last Answer : A. 9th December 1881

The Negotiable Instruments Act, 1881 applies to A. The whole of India B. The whole of India except the State of Jammu and Kashmir C. Those states as notified by the Union Government from time to time in the Official Gazette D. The whole of India except the State of Jammu and Kashmir and the North- Eastern States.

Description : The Negotiable Instruments Act, 1881 applies to A. The whole of India B. The whole of India except the State of Jammu and Kashmir C. Those states as notified by the Union Government from time to ... D. The whole of India except the State of Jammu and Kashmir and the North- Eastern States.

Last Answer : B. The whole of India except the State of Jammu and Kashmir

Money market is a market for (1) Short term fund (2) Long term fund (3) Negotiable instruments (4) Sale of shares

Description : Money market is a market for (1) Short term fund (2) Long term fund (3) Negotiable instruments (4) Sale of shares

Last Answer : Short term fund

Half pay leave can be availed only with medical certificate The above said statement False

Description : Half pay leave can be availed only with medical certificate The above said statement False

Last Answer : False

Treasury bills are issued in India by ______ A. RBI B. State Government C. Government of India D. SEBI

Description : Treasury bills are issued in India by ______ A. RBI B. State Government C. Government of India D. SEBI

Last Answer : C. Government of India Explanation: Treasury bills (T-bills) offer short-term investment opportunities, generally up to one year. They are thus useful in managing short-term liquidity. At present, the ... , 91-day, 182-day and 364-day. There are no treasury bills issued by State Governments.