If the endorser signs, but does not give his/her name to whom he/she wishes to transfer the cheque is called _________ A. Restrictive Endorsement B. Partial Endorsement C. Conditional Endorsement D. Facultative Endorsement E. Blank Endorsement

1 Answer

Answer :

E. Blank Endorsement Explanation: If the endorser signs, but does not give his name to whom he wishes to transfer the cheque is called Blank Endorsement.

Related questions

Description : The endorser expresses that he/she would not be liable for any expenses incurred by endorsee or any holder, in case of dishonour of the instrument the endorsement is called ... Endorsement B. Partial Endorsement C. Conditional Endorsement D. Facultative Endorsement E. Sans recourse Endorsement

Last Answer : E. Sans recourse Endorsement Explanation: The endorser expresses that he would not be liable for any expenses incurred by endorsee or any holder, in case of dishonour of the instrument the endorsement is called Sans recourse Endorsement.

Description : When an endorsee give up some of his/her rights then it is called __________ A. Restrictive Endorsement B. Partial Endorsement C. Conditional Endorsement D. Facultative Endorsement E. Blank Endorsement

Last Answer : D. Facultative Endorsement Explanation: When notice of dishonour is received by the endorsee instead of endorser it is known as facultative endorsement.

Description : If the endorsement makes the payment of a bill subject to the fulfilment of a condition the endorsement is called _______ A. Restrictive Endorsement B. Partial Endorsement C. Conditional Endorsement D. Facultative Endorsement E. Both (A) and (B)

Last Answer : C. Conditional Endorsement Explanation: If the endorsement makes the payment of a bill subject to the fulfilment of a condition the endorsement is called Conditional Endorsement.

Description : Which of the following is an endorsement that restrict the further negotiation of the bill? A. Restrictive Endorsement B. Partial Endorsement C. Conditional Endorsement D. Facultative Endorsement E. Sans recourse Endorsement

Last Answer : A. Restrictive Endorsement Explanation: An endorsement which restrict the further negotiation of the bill.

Description : Which of the following endorsement specifies the name of the transferee for the payment of the bill? A. Restrictive Endorsement B. Partial Endorsement C. Conditional Endorsement D. Facultative Endorsement E. Special Endorsement

Last Answer : E. Special Endorsement Explanation: An endorsement which specifies the name of the transferee for the payment of the bill is called special endorsement.

Description : Which of the following endorsements is not valid? A. Restrictive Endorsement B. Partial Endorsement C. Conditional Endorsement D. Facultative Endorsement E. Both (A) and (B)

Last Answer : B. Partial Endorsement Explanation: If the bill purposes to be endorsed for a part of the amount payable, the endorsement is called partial. It is legally ineffective.

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 : The indorser is excluded from his liability for dishonour of instrument towards his subsequent holder in case of A. Sans Recourse Endorsement B. Facultative Endorsement C. Sans Frais Endorsement D. None of the above.

Last Answer : B. Facultative Endorsement

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 : What is facultative Endorsement?

Last Answer : In a facultative endorsement, the endorser waives some of his rights, like the right to receive notice of dishonor.

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 : How does one remove his/her name from Google search if he/she wishes not to be name searched?

Last Answer : No, you would have to remove every page on the Web that mentions you. It is not possible.

Description : A girl gets trapped in a magical land. A genie grants her three wishes. But he tells her no wishing for more wishes. But she still managed to get more wishes. How? -Riddles

Last Answer : She wished that the gene would let her wish for more wishes then she wished for more wishes.

Description : There was once a girl who was always jealous of her sister. One day a genie appeared and told her that he was 'half magic' which meant that he could grant her wishes, but her sister would always ... woman in the world, but her sister gets twice as much beauty.What was her third wish? -Riddles

Last Answer : She askes the genie to grab a nearby stick and beat her half to death.

Description : The models applied to BEE should highlighted in the endorsement__________ sheet A. Endorsement C. Blank B. General. D. None of above

Last Answer : Endorsement

Description : In case the President wishes to resign, to whom is he to address his resignation letter? (1) Chief Justice of India (2) Secretary of Lok Sabha (3) Vice President (4) Prime Minister

Last Answer : (3) Vice President Explanation: Article 56 of the Indian Constitution says that the President shall hold office for a term of five years from the date he takes up his post. Article 56 also provided that the President may, by writing under his hand addressed to the Vice-President, resign his office.

Description : In case the President wishes to resign, to whom he is to address his resignation letter? (1) Chief Justice of India (2) Secretary of Lok Sabha (3) Vice-President (4) Prime Minister

Last Answer : (3) Vice-President Explanation: Article 56 of the Indian Constitution states that (1) the President shall hold office for a term of five years from the date on which he enters upon his office: ... to clause (1) shall forthwith be communicated by him to the Speaker of the House of the People.

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 : A 45-year-old surgeon has developed symmetric early morning stiffness in her hands. She wishes to take a nonsteroidal anti-inflammatory drug to relieve these symptoms and wants to avoid gastrointestinal side ... appropriate? (a) Aspirin (b) Celecoxib (c) Ibuprofen (d) Indomethacin (e) Piroxicam

Last Answer : Ans: B

Description : _________ is the most refined and restrictive service model. A. IaaS B. CaaS C. PaaS D. All of the mentioned

Last Answer : C. PaaS 

Description : The branch logic that provides decision making capabilities in the control unit is known as_______ A. conditional transfer B. unconditional transfer C. Both (A) and (B) D. None of the above

Last Answer : B. unconditional transfer

Description : Transfer of an existing or future right, property or a debt by one person to another is called 1. assignment 2. pledge 3. endorsement 4. charge 5. None of these

Last Answer : assignment

Description : Notice of dishonour must be given A. To the drawer and drawee only B. To the drawer, acceptor and endorser(s) only C. To all the parties liable on the instrument or to their duly ... agent D. To all the parties who are secondarily liable on the instrument or to their duly authorized agent

Last Answer : D. To all the parties who are secondarily liable on the instrument or to their duly authorized agent

Description : Under section 16 of the Negotiable Instrument Act, 'indorsement in blank' of an instrument means A. Where the indorser does not write anything on the instrument B. Where the indorser signs his name only on ... the indorser writes the name of the person who is directed to pay D. None of the above.

Last Answer : A. Where the indorser does not write anything on the instrument

Description : (i) Check deposited into Bank but not cleared is called _________ cheque.

Last Answer : Complete the following statements: (i) Check deposited into Bank but not cleared is called _________ ... type of bank account is open by trader.

Description : A wealthy wise old woman feared that her daughter was lazy and as a result rather stupid. When the old woman died, her will stipulated that her assets were to be liquidated and a check was to be ... only one envelope had a true statement and that the other two statements were false. The en -Riddles

Last Answer : The daughter should pick envelope 1. Unfortunately she picked envelope 3. Statements 1 and 2 were false, and the only true statement was statement 3. If the check was in envelope 1, that would make statement 1 ... both be true. If the check was in envelope 3, statements 1 and 3 would both be true.

Description : __________ is the process by which the ownership of the credit instrument is transferred from one person to another. A. Assignment B. Endorsement C. Negotiation D. All of the Above E. None of the Above

Last Answer : C. Negotiation Explanation: In documentary credit, usually the beneficiary‘s bank which agrees to pay the beneficiary by purchasing a negotiable instrument (importer‘s or buyer‘s draft). Also called accrediting party.

Description : PCI stands for _________ a) Peripheral Component Interconnect b) Partial Component Interconnect c) Peripheral Component Interaction d) Partial Component Interaction

Last Answer : Answer: a Explanation: PCI is a high-bandwidth bus that can function as a peripheral bus. Compared with others, it delivers better system performance

Description : A woman is sitting in her hotel room when there is a knock at the door. She opened the door to see a man whom she had never seen before. He said 'oh I'm sorry, I have made a mistake, I ... . The woman went back into her room and phoned security. What made the woman so suspicious of the man? -Riddles

Last Answer : You don't knock on your own hotel room door.

Description : To whom of the following, payment of the amount due on a promissory note, bill of exchange or cheque must be made in order to discharge the maker or acceptor A. Holder of the instrument B. Indorser of the instrument C. Indorsee of the instrument D. None of the above.

Last Answer : A. Holder of the instrument

Description : Ashwini has a certain number of Pencils she wishes to distribute in the class. when she tries to distribute 7 pencils to each student, 3 pencils are left out. if the class had 3 less students, each student would have ... How many pencils does Ashwini have? a) 90 b) 120 c) 140 d) 160 e) None of these

Last Answer : Let number of students be X. so, total Pencils = 7X + 3 7X + 3 = (7+2) (X-3) or., 7X + 3 = 9X – 27 or X = 15 total Pencils = 7X + 3 = 108 Answer: e)

Description : Chrysler's Chief Executive Officer is the company's spokesperson. His message has focused on concern for customers and product quality. Which aspect of implementing the marketing concept does ... concept by top management D)Development of an information system E)Restructuring of the organisation

Last Answer : C)Endorsement of the marketing concept by top management

Description : Where the transfer of the property in the goods is to take place at a future time or subject to some condition, then such contract is called: A. An agreement to sell B. A contract to Sale C. Future Contract D. Conditional contract

Last Answer : A. An agreement to sell

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 : Fill in the blank: "I used to think that _________, but now that I'm older I realize how wrong I was"?

Last Answer : I used to think that I was powerful if I seduced dozens of men, but now that I’m older I realize how wrong i was.

Description : The branch logic that provides decision making capabilities in the control unit is known as a. controlled transfer b. conditional transfer c. unconditional transfer d. none of above

Last Answer : c. unconditional transfer

Description : Fill in the blank. During the _________ of a project, the project manager focuses on  developing the project infrastructure needed to execute the project and developing  clarity around the project charter and scope. ... one: a. completion b. start-up c. execution d. evaluation e. selection

Last Answer : b. start-up

Description : Fill in the blank. During the _________ of a project, the project manager  focuses on developing the project infrastructure needed to execute the  project and developing clarity around the project charter and scope. ... one: a. completion b. start-up c. execution d. evaluation e. selection

Last Answer : b. start-up

Description : Lakshmi works for a school. She wishes to create controls on a form for the following functions. -Technology

Last Answer : S.No.control used tocontrol1.Enter Admission numberText Field2.select StreamCombo Box3.select StreamCheck Box4.Clear the FromButton

Description : Should President Obama have given his endorsement to the mosque?

Last Answer : I agree, it’s no rosebush. Though I say again that SOCAS is a crock – a person motivated by his religious beliefs is the same as a person motivated by his non-religious beliefs. Also, this is terrible PR. The man’s approval rating is going to drop. Again.

Description : If the Speaker of Lok Sabha Wishes to tender his resignation he has to address his letter to (1) The President of India (2) The Deputy Speaker (3) The Prime Minister (4) The Cabinet

Last Answer : (2) The Deputy Speaker Explanation: The Speaker may, at any time, resign from office by writing under her hand to the Deputy Speaker. The Speaker can be removed from office only on a resolution of the House passed by a majority of all the then members of the House.

Description : Rama, a bright pupil, is openly impatient of the errors and slowness of other students in the class and wishes to answer much more than his share of questions. His teacher should Options: A) Ask ... D) Make him realize that he is not so smart by asking him difficult questions that he cannot answer

Last Answer : D) Make him realize that he is not so smart by asking him difficult questions that he cannot answer 

Description : The body of a woman is found in bed. Tere are no signs of violence and no marks of any kind on her body. The only evidence is a pair of scissors lying next to her.How did she die? -Riddles

Last Answer : She had drowned. The women was found on a waterbed that had been punctured by scissors while she was slept.

Description : A friend has very severe hypertension and asks about a drug her doctor wishes to prescribe. Her physician has explained that this drug is associated with tachycardia and fluid retention (which may be marked ... has described? (a) Captopril (b) Guanethidine (c) Minoxidil (d) Prazosin (e) Propranolol

Last Answer : Ans: C

Description : (i) Signing on the backside of the cheque to transfer its ownership.

Last Answer : Give a word/term or phrase for each of the following statements: (i) Signing on the backside ... used for depositing cash or cheque into the bank.

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

Description : Which of the following exceptions in the WTO rules does not permit a country to use a tariff or quota that is more restrictive than its bound tariff? A. Anti-dumping B. Countervailing duties C. Safeguards D. Balance of payments protection E. Preferential trade agreements

Last Answer : E. Preferential trade agreements

Description : When a glove manufacturer is allowed to sell only a certain number of plastic gloves in a particular country, the firm is facing A)a tariff. B)an embargo. C)a restrictive product standard. D)a quota. E)a balance of trade restriction.

Last Answer : D)a quota.

Description : Fill in the blank: You know you have a dog when _________?

Last Answer : The screen door is ripped apart and eaten.

Description : Hypthalamo _________ gonadal oxis, fill up the blank with the suitable word. (A) Adrenal (B) Thyroid (C) Hypophyseal (D) Pancreatic

Last Answer : Answer : C