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
Description : Suppose I borrow money from X and I authorize my bank to make monthly payments directly from my checking account. Now, I want more flexibility by paying either online or by check. X refuses to let me do ... tranfers even though its my money and it has no obligation to X. What's the law on this?
Last Answer : answer:Hmm, I suppose you're from USA. Don't know the laws there, but here in Slovenia, we handle things like this by calling and yelling at the lady on the other side and things get fixed eventually. But ... what you can't do with you money. I'd threaten them I'm gonna change the bank or smthng.
Description : i. When communication is done through Reports, Letters, Circulars, etc it is called as ________
Last Answer : Complete the sentence: i. When communication is done through Reports, Letters, Circulars, etc it ... the receiver of the letter is called as ________
Description : (i) Refusal by the bank to make payment of a cheque.
Last Answer : Give one word/term/phrase which can substitute each of the following statements: (i) Refusal ... making payment to outside parties through the bank.
Description : Write a letter to the bank to stop the payment of the cheque.
Last Answer : Write a letter to the bank to stop the payment of the cheque.
Description : Cheque card issued by a bank which guarantees the payment of_______ within prescribed limit. (a) Cheque b) purchase c) cash
Last Answer : (a) Cheque
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 : When cheque is ________ into bank Cash Book is debited.
Last Answer : When cheque is ________ into bank Cash Book is debited. (a) written (b) issued (c) deposited (d) dishonoured
Description : If the payee refuses to take MO payment, MO should be a) Kept in deposit for 7 days b) Returned to RLO c) Returned to remitter at once d) Returned to the remitter after 10 days
Last Answer : c) Returned to remitter at once
Description : What are the differences between payment voucher, journal and cheque?
Last Answer : paying cheques drawn by customers in the bank, and collecting cheques deposited to customers' current accounts. Banks also enable customer payments via other payment methods such as Automated ... is considered indispensable by most businesses and individuals. Non-banks that provide payment service
Description : Does a bounced cheque affect your credit score, even if no loan payment is involved?
Last Answer : Bounced cheque doesn't affect the credit score until the payment is related to a loan transaction.Banks doesn't report transactions to credit bureaus. but remember that when you take a loan in ... transactions.but if the same problem persists then bank could deny the loan. hope this helps
Description : What do you mean by stop payment of cheque?
Last Answer : What do you mean by stop payment of cheque?
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 : The date of purchase of certificate when payment made by cheque will be a) The actual date of cheque accepted by postmaster b) The date of cheque accepted by the Head office c) The date of when cheque received after clearance d) None of these
Last Answer : c) The date of when cheque received after clearance
Description : Payment for purchase of a certificate may be made by a) Cash or cheque b) Pay order or DD c) Matured Certificate/SB Wdl d) All the above
Last Answer : d) All the above
Description : Which one is not online payment mode? a) Cash on delivery b) Debit card c) Credit card d) E-cheque
Last Answer : d) E-cheque
Description : Which one is not an offline payment mode? a) Cash on delivery b) Cash before delivery c) Demand draft d) E-cheque
Last Answer : b) Cash before delivery
Description : Which one is not an E-payment method used in India a) Debit card b) Credit card c) E-cheque d) None of the above
Last Answer : d) None of the above
Description : Which of the following is an Internet-based company that makes it easy for one person to pay another over the Internet? a. electronic cheque b. electronic bill payment c. Conversion rates d. Financial cybermediary
Last Answer : d. Financial cybermediary
Description : Payment of the fees can be made through a) cheque c) demand draft b) cash d) none of above
Last Answer : demand draft
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 : 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 : which one is not an E‐payment method used in India a. Debit card b. Credit card c. e‐cheque d. none
Last Answer : d. none
Description : Which one is an online payment mode? a. Cash on delivery b. Cash before delivery c. Demand drafts d. e‐cheque
Last Answer : d. e‐cheque
Description : Which one is not an online payment mode? a. Cash on delivery b. Debit card c. Credit card d. e‐cheque
Last Answer : a. Cash on delivery
Description : Which one is not an offline payment mode? a. Cash on delivery b. Cash before delivery c. Demand drafts d. e‐cheque
Description : The E‐payment mechanism widely used in B2B is a. Credit card b. Debit card c. Master card d. E‐cheque
Last Answer : d. E‐cheque
Description : In cheque payment protocol, the purchase order form is signed by purchaser using a. his public key b. his private key c. his private key using his signature hardware d. various public keys
Last Answer : c. his private key using his signature hardware
Description : The Secure Electronic Transaction protocol is used for a. credit card payment b. cheque payment c. electronic cash payments d. payment of small amounts for internet services
Last Answer : a. credit card payment
Description : How and at what time did the births take place? I'm waiting for the stories ???
Last Answer : I have 1 child, I gave birth 5 years ago.
Description : What is the best time for you to go to bed and get up? :)
Last Answer : 2 a.m. and noon.
Description : Here I am thinking of the season. Do you think it matters?
Last Answer : I don't think the season matters. Rather, it should be chosen when it is based on the size of the demand, the amount available, and market conditions. I know someone who browses hasznaltauto.hu every day and waits for months or even years for a good catch.
Description : i. When he is giving the required information in a very short and brief manner? ii. When he is using courteous words so as to be polite?
Last Answer : Study the following situation and express your opinion: Mr. Rahul is the secretary who has ... information about the meeting in a proper manner?
Description : ________ have been awarded the license by the Central Bank to operate Bharat Bill Payment System (BBPS) recently. A. Common Service Centres (CSC) B. Financial Institutions C. Only (A) D. Both (A) and (B) E. None of the Above
Last Answer : A. Common Service Centres (CSC) Explanation: over 1.5 Lakh common service centres (CSC) or Digital Seva Kendres have been awarded the license by the Central Bank to operate Bharat Bill Payment System (BBPS).
Description : To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of India under ________ A. Payment and Settlement Systems (PSS) Act 2007. B. Foreign ... Act, 1999 C. Banking Regulation Act, 1949 D. SARFAESI Act, 2002 E. None of the Above
Last Answer : A. Payment and Settlement Systems (PSS) Act 2007. Explanation: To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of ... PSS) Act 2007. Bharat Bill Payment Operating Units (BBPOUs) will be the authorised operational units.
Description : What do you do when your boss refuses to pay you, I asked him to hold out taxes, or 1099 me. he keeps telling me the checks have not cleared the bank!
Last Answer : answer:Tell him if he does not pay up. You are going to notify the state, and IRS (tax fraud) and local police department (civil). You will also be contacting the better business bureau (price gouging) ... promised you would be paid. You need to see this as if you will never see your money again.
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 : 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.
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 : Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge
Last Answer : The answer is 'Mahatma Gandhi'
Description : A crossed cheque is one, which can be encashed only at which bank? -Do You Know?
Last Answer : answer:
Description : Cheque deposited into Bank increases the Bank balance as per Cash Book.
Last Answer : State whether the following statement are True or False with reason : Cheque deposited into Bank increases the Bank balance as per Cash Book.
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 : 1 Cash Balance ₹ 33,000 Bank Balance ₹ 8,000 3 Received from Prerna cash ₹ 2,750 and a bearer cheque for ₹ 645.
Last Answer : Enter the following transaction of Hariram Bros, in a cash book with cash and bank column for the month of ... the bank all cash in excess of ₹ 5,000.
Description : A cheque received and deposited into the bank on the same day is a contra entry.
Last Answer : State whether the following statement are True or False with reason : A cheque received and deposited ... bank on the same day is a contra entry.
Description : (i) Issue of Bearer cheque record on payments side of cash book in Bank Column.
Last Answer : Do you agree with the following statements : (i) Issue of Bearer cheque record on payments ... transactions are recorded in the cash book only.
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.