Description : _______ is a cheque that is not crossed on the left corner and payable at the counter of the drawee bank on presentation of the cheque. A. Crossed Cheque B. Open Cheque C. General Crossing D. Restrictive Crossing E. None of the Above
Last Answer : B. Open Cheque Explanation: An open cheque is a cheque that is not crossed on the left corner and payable at the counter of the drawee bank on presentation of the cheque.
Description : On a Cheque instead of two parallel lines only bank‟s name is written is known as _________ A. Payable to bearer B. General Crossing C. Special Crossing D. Both (B) and (C) E. None of the Above
Last Answer : C. Special Crossing Explanation: When a particular bank s name is written in between the two parallel lines the cheque is said to be specially crossed.The effect of special crossing is that ... is written in the crossing. Specially crossed cheques are more safe than a generally crossed cheques.
Description : With reference to a cheque which of the following is the „drawee bank‟ ? A. The bank that collects the cheque B. The payee‘s bank C. The endorser‘s bank D. The bank upon which the cheque is drawn
Last Answer : D. The bank upon which the cheque is drawn Explanation: Drawee is a legal and banking term used to describe the party that has been directed by the depositor to pay a certain sum of money to the person presenting the check or draft. A typical example is if you are cashing a paycheck.
Description : Which of the following is not a type of cheque issued by an individual? A. Bearer Cheque B. Crossed Cheque C. Order Cheque D. Savings Cheque
Last Answer : D. Savings Cheque Explanation: An order cheque can be a bearer cheque if the words or bearer are not cancelled out.A crossed cheque is a cheque that has been marked to specify an instruction about the way it is to be redeemed.
Description : A cheque for a fixed amount that may be cashed or used in payment abroad after endorsement by the holder‟s signature is known as ___________ A. Travellers cheque B. Multicity Cheque C. Mutilated Cheque D. Crossed Cheque
Last Answer : A. Travellers cheque Explanation: Traveller‘s cheque is a medium of exchange that can be used in place of hard currency. Traveller‘s cheques are often used by individuals travelling on vacation to foreign countries.
Description : Which of the following cheque issued by a customer under a pre-approved arrangement with the bank? A. Travellers cheque B. Multi-city Cheque C. Mutilated Cheque D. Crossed Cheque
Last Answer : B. Multi-city Cheque Explanation: A Multi-City Cheque (MCC) is one that can be written by the customer in favour of his client and is payable at par at all branches of the Bank. These are issued as Order Cheque.
Description : If the words "not negotiable" are used with special crossing in a cheque, the cheque is A. Not transferable B. Transferable C. Negotiable under certain circumstances D. None of the above
Last Answer : B. Transferable
Description : Payment of crossed Indian Postal order will be made a) By cash b) Direct to the payee c) Through PO Saving bank or any of the bank d) All the above
Last Answer : c) Through PO Saving bank or any of the bank
Description : The words „not negotiable‟ can be added to _______ A. Double Crossing B. General Crossing C. Special Crossing D. Both (B) and (C) E. Both (A) and (B)
Last Answer : D. Both (B) and (C) Explanation: The words ‗not negotiable can be added to general-crossing as well as special-crossing and a crossing with these words is known as not negotiable ... The effect of such a crossing is that it removes the most important characteristic of a negotiable instrument.
Description : Who is a payee in case of cheque?
Last Answer : Who is a payee in case of cheque?
Description : .A person that money or a cheque is paid to a) payer b) paye c) remit d) payee
Last Answer : d) payee
Description : A crossed cheque is one, which can be encashed only at which bank? -Do You Know?
Last Answer : answer:
Description : What do you mean by crossed cheque?
Last Answer : What do you mean by crossed cheque?
Description : The amount of maturity inclusive of interest if becomes Rs 20000/- or above shall be paid by a) Cash only b) By crossed cheque c) By Credit into saving accounts d) Either B or C
Last Answer : d) Either B or C
Description : When a cheque bears across its face an addition of the name of a banker, either with or without the words not negotiable, the cheque is considered to have been crossed A. Specially B. Generally C. Normally D. Either a or b or c
Last Answer : A. Specially
Description : You and a your friend are trapped in a room. There are two exists (a+b). a) One exist leads to a roaring Inferno with a thin bridge crossing to the other side, but there is a risk that it will ... will eat you and your friend on the spot. Which exist is the safest for you and your friend? -Riddles
Last Answer : B is the safest. Taking exist A might gurantee your saftey but not your friend as it will probaby fall under your weight. On the other hand the lion have been starved for two months which probably means they are dead.
Description : What happens when a red flowered plant with incomplete dominance is crossed with a pink flowered plant which is the offspring of the crossing of a white flowered plant and a red flowered plant which has incomplete dominance?
Last Answer : The crossing of a red flowered plant and a white flowered plant produces all the offspring with pink flowers. This cross illustrates red and white exhibit incomplete dominance. ... ... the heterozygous offspring will be phenotypically and genotypically different from either of the homozygous parent.
Description : A 250 m goods train takes 50 s to cross a person who is going in the same direction with the speed of 8 km/h. After crossing that person, the train can reach next station in 2 hr. How long that person takes to reach that station after being crossed by them? A) 2 ½ hr B) 5hr C) 3 1/2hr D) 1hr
Last Answer : ANSWER:A Explanation: Speed of the person = 8 kmph = (8*5/18)m/s = 20/9 m/s Then relative speed of train = (x-20/9)m/s As train takes 50 sec to cross the person Therefore 50 =250/(x-20/ ... 20,000 m = 20 km Thus time taken by the person to cover the distance of 20km= 20/8 hr=2 ½ hr
Description : Crossing of a cheque effect the A. Negotiability of the cheque B. Mode of payment on the cheque C. Both (a) and (b) D. None of the above
Last Answer : C. Both (a) and (b)
Description : An IPO should not be paid to the payee it a) The signature of the issuing postmaster is wanting b) The round MO/special stamp of issuing office is not impressed. c) Both the signature of issuing Postmaster/ Round impression wanting d) All the above
Last Answer : c) Both the signature of issuing Postmaster/ Round impression wanting
Description : ________ is a cheque rather an amount of cheque, which is above the balance available in the account of the payer. A. Travellers cheque B. Multicity Cheque C. Mutilated Cheque D. Over Draft
Last Answer : D. Over Draft Explanation: An overdraft is an extension of credit from a lending institution when an account reaches zero. An overdraft allows the individual to continue withdrawing money even if the account has no funds in it.
Description : Single, childless people, who is the beneficiary/POD payee on your bank account?
Last Answer : Mine are my parents too.
Description : Bank deposits that can be withdrawn without notice are called - (1) account payee deposits (2) fixed deposits (3) variable deposits (4) demand deposits
Last Answer : (4) demand deposits Explanation: Demand deposits are funds held in an account from which deposited funds can be withdrawn at any time without any advance notice to the depository institution. Demand ... of account which cannot be accessed for a predetermined period (typically the loan's term).
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
Description : Bank deposits that can be withdrawn without notice are called (1) account payee deposits (2) fixed deposits (3) variable deposits (4) demand deposits
Last Answer : demand deposits
Description : Alterations, if any, on cheques are required to be authenticated by the signature of _______ A. Payee B. Depositor C. Drawer D. Endorse E. All of the above
Last Answer : C. Drawer Explanation: Alterations, if any, on cheques are required to be authenticated by the drawer‘s signature against each such alteration.
Description : A double homozygous yello round plant of Pea is crossed with green wrinkled plant. The offspring shall be of
Last Answer : A double homozygous yello round plant of Pea is crossed with green wrinkled plant. The offspring shall ... Two types C. Four types D. Several types
Description : Mark the correct option a) No cheque collection charge is to be charged in Worker wage accounts b) Workers wage account cannot be transferred from one post office to another Post office c) No ... workers wage account d) No amount is required for opening worker wage accounts e) All the above
Last Answer : e) All the above
Description : ................. uses electronic means to transfer funds directly from one account to another rather than by cheque or cash? (A) M-Banking (B) E-Banking (C) O-Banking (D) C-Banking
Last Answer : (B) E-Banking
Description : Mark the correct option a) The account can be transferred submitting an application in form SB 10(b) b) The account may be opened in using the form SB 3 c) SB 7 is necessary to get withdrawal except cheque account d) All the above
Last Answer : d) All the above
Description : The newest and safest vaccines under development are _____. a. attenuated vaccines b. toxoid vaccines c. DNA vaccines d. conjugated vaccines
Last Answer : c. DNA vaccines
Description : For protection of level crossing gate in an emergency on BG double line the Gateman should place one detonator at one place and 3 detonators at a subsequent place at a distance of ------- a) and------ ... c) 500 meters and 1000 meters d) 600 meters and 1200 meters* e) 800 meters in 1500 meters
Last Answer : d) 600 meters and 1200 meters*
Description : If a bank account is only overdrawn by 85c, can they still 'bounce' a customer's cheque?
Last Answer : It doesn’t matter if it’s 85 cents or 85 dollars. To a bank, overdrawn is overdrawn.
Description : Which account is credited when Salary is paid by cheque?
Last Answer : Which account is credited when Salary is paid by cheque?
Description : i. A slip is used for depositing cash and cheque in the Bank account. ii. Permission to withdraw excess amount from Current Account.
Last Answer : Write a word or a term or a phrase that can substitute each of the following statement: ... Instrument which can be discounted with the bank.
Description : The application fee may be accepted in shape of____ payable to a) Cash/Account officer of the public authority b) DD/Cheque / Account officer of the public authority c) Indian Postal Order / Account officer of the public authority d) Any one of the above
Last Answer : d) Any one of the above
Description : The date of credit of cheque in case of RD/PPF account will be the date of a) Presentation of cheque b) Receipt of the cheque from postmaster c) Receipt of the cheque from HO d) The date clearing
Last Answer : d) The date clearing
Description : Mark the correct option a) No subsequent deposit allowed less than Rs 5 in saving account b) No withdrawal is allowed less than Rs 5 c) No withdrawal shall be permitted which has the effect reducing the ... to less than fifty in single account and less than 500 in cheque account d) All the above
Description : Mark the correct option a) A literate person can account with cheque facility b) No minimum amount is required for opening of Workers wage account c) Saving account can be opened by cash only d) All the above
Description : What is minimum amount may be withdrawn by a cheque from a cheque saving account? a) Rs 500/- b) Rs 100/- c) Rs 100/- d) Rs 20/
Last Answer : d) Rs 20/
Description : Mark the correct option a) Minor cannot appoint a messenger for making withdrawal from SB account b) At the time of making a withdrawal by cheque from saving account not necessary to provide pass book ... added in a saving account may not be treated as transaction in that account d) All the above
Description : What is minimum balance should remain in a savings account with cheque book after withdrawal? a) Rs 50/- b) Rs 500/- c) Rs 1000/- d) Rs 100/
Last Answer : b) Rs 500/
Description : What is minimum balance should remain in a savings account without cheque account after withdrawal? a) Rs 50/- b) Rs 500/- c) Rs 1000/- d) Rs 100/
Last Answer : a) Rs 50/
Description : Which of the following forms of securing a loan is the safest one? A. Lien B. Assignment C. Pledge D. Hypothecation E. Mortgage
Last Answer : C. Pledge Explanation: A pledged asset is collateral pledged by a borrower to a lender (usually in return for a loan). The lender has the right to seize the collateral if the borrower defaults on the obligation.
Description : Does a second black cat crossing your path cancel out the first or double the woe to come?
Last Answer : A black cat crossing my path- any number of times- usually means that I am going to spend the next several minutes petting a black cat.
Description : Test cross involves (a) crossing between two genotypes with dominant trait (b) crossing between two genotypes with recessive trait (c) crossing between two F1 hybrids (d) crossing the F1 hybrid with a double recessive genotype.
Last Answer : (d) crossing the F1 hybrid with a double recessive genotype.
Description : Test cross in plants or in Drosophila involves crossing (a) between two genotypes with recessive trait (b) between two F1 hybrids (c) the F1 hybrid with a double recessive genotype (d) between two genotypes with dominant trait.
Last Answer : (c) the F1 hybrid with a double recessive genotype
Description : Repeated crossing of hybrid progeny back to one of its parents is called as — a. Back cross b. Top cross c. Recurrent cross d. Double cross
Last Answer : a. Back cross
Description : In case of a curved track on electrified, double line, BG section a) Duty hut cannot be provided for a level crossing. b) Duty hut should be on the inside of the curve. c) Duty hut should be on the outside of the curve.* d) Duty hut can be provided on any side of the curve.
Last Answer : c) Duty hut should be on the outside of the curve.*