Which is called a ‘banker’s cheque’ ? -General Knowledge

Which is called a ‘banker’s cheque’ ? -General Knowledge
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Which is called a ‘banker’s cheque’ ? -General Knowledge

Description : Which is called a ‘banker’s cheque’ ? -General Knowledge

Last Answer : The answer is 'Demand draft'

1. Which material is very hard and very ductile? 2. Which is called a ‘banker’s cheque’ ? 3. With Which game/sport is ‘Popping crease’ associated? 4. Which lake in India has the highest water salinity? 5. In which year did the Peshwa became the official head of Maratha administration?

Description : 1. Which material is very hard and very ductile? 2. Which is called a banker's cheque' ? 3. With Which game/sport is Popping crease' associated? 4. Which lake in India has the ... practised in the densely populated regions of the world? 20. In which year Delhi became the capital of India?

Last Answer : Answer : 1. Nichrome 2. Demand draft 3. Cricket 4. Sambhar 5. 1748 A.D. 6. Methyl-iso-cyanate 7. Sikkim 8. E = mc2 9. Ennore 10. Robert Clive 11. Literature and Journalism 12. 6 ... 15. Lord Lytton 16. By the Election Commission 17. Lavoisier 18. Bourlog Award 19. Intensive farming 20. 1911

A document issued by Bank for local payments a. NEFT b. RTGS c. EFT d. Banker’s Cheque/Pay Order

Description : A document issued by Bank for local payments a. NEFT b. RTGS c. EFT d. Banker’s Cheque/Pay Order

Last Answer : d. Banker’s Cheque/Pay Order

Should we throw all bankers and hedge funders and venture capitalists into prison?

Description : Should we throw all bankers and hedge funders and venture capitalists into prison?

Last Answer : I can’t believe this is even being asked. Throw someone in prison for breaking the law, not doing their job.

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Description : Why do bankers get such large bonuses?

Last Answer : Corporations pay taxes on profits spreading the companies wealth by giving out hefty bonuses does 2 things retains those heavy hitter superstar employees who generate these profits for that corporation and reduces ... .either it goes to taxes or to the employee best to make the employees happy!

Should Obama be meeting with regional and community bankers to find ways to get credit flowing?

Description : Should Obama be meeting with regional and community bankers to find ways to get credit flowing?

Last Answer : It’s just symbolism. We tell everyone what do whether they meet us for drinks or not.

Is Obama right about wall street bankers?

Description : Is Obama right about wall street bankers?

Last Answer : I’m with you, except it’s billions, and not millions.

Only a good diagnosis can lead to the right treatment: How many investment bankers engaged in proprietary trading actually suffer from a special form of gambling addiction?

Description : Only a good diagnosis can lead to the right treatment: How many investment bankers engaged in proprietary trading actually suffer from a special form of gambling addiction?

Last Answer : I was reading about brain scans, and what parts light up under which simulations. Interesting factoid, commodities traders, day traders and their ilk show the same results as gambling addicts. ... welfare recipients then bankers should undergo brain scans (and members of congress should have both:)

Bankers what are your crazy bank stories?

Description : Bankers what are your crazy bank stories?

Last Answer : I worked for a bank that had a free coin counting machine and there was a dude that came to exchange his coins who had, I KID YOU NOT, a hole on the back of his pants and it was smeared and whenever he’d come he stunk the whole damn place

Name any two Indian groups of bankers who financed export agriculture in Central and South-east Asia. -SST 10th

Description : Name any two Indian groups of bankers who financed export agriculture in Central and South-east Asia. -SST 10th

Last Answer : (i) Shikaripuri shroffs (ii) Nattukottai Chettiars

Explain the role of Indian merchants and bankers in the network of export trade. -SST 10th

Description : Explain the role of Indian merchants and bankers in the network of export trade. -SST 10th

Last Answer : (i) From the late eighteenth century, the British in India began exporting opium to China and took tea from China to England (it) Many Indians became junior players in this trade, ... carving goods from one place to another, banking money, transferring funds between cities, and financing traders.

Name any two Indian groups of bankers who financed export agriculture in Central and South-east Asia. -SST 10th

Description : Name any two Indian groups of bankers who financed export agriculture in Central and South-east Asia. -SST 10th

Last Answer : (i)Shikaripuri shroffs (ii)Nattukottai Chettiars

Give a brief account on Indian Bankers and Traders. -SST 10th

Description : Give a brief account on Indian Bankers and Traders. -SST 10th

Last Answer : The Shikaripuri shroffs and Nattukottai Chettiars of India were amongst the many groups of bankers and traders who financed export agriculture in Central and Southeast Asia, using either their own ... were beginning to swell, thanks to the development of safe and comfortable passenger vessels.

What was the role of Indian bankers in managing their funds? -SST 10th

Description : What was the role of Indian bankers in managing their funds? -SST 10th

Last Answer : Role of Indian bankers in managing their funds are: 1.Bankers like Shikaripuri Shroffs and Nuttukottai Chettiars were amongst the many groups of bankers and traders who financed export ... to transfer money over large distances, and even developed indigenous forms of corporate organisation.

Who are lead merchant bankers?

Description : Who are lead merchant bankers?

Last Answer : Who are lead merchant bankers?

Which one of the following is not a function of the central bank in an economy? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker's bank

Description : Which one of the following is not a function of the central bank in an economy? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker's bank

Last Answer : (3) Controlling government spending Explanation: A central bank, reserve bank, or monetary authority is a public institution that manages a state’s currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries.

All banks registered under the ___________ are considered co-operative banks. A. Banking Regulation Act 1949 B. The Bankers‘Books Evidence Act–1891 C. Cooperative Societies Act, 1912 D. Both (B) and (C) E. None of the Above

Description : All banks registered under the ___________ are considered co-operative banks. A. Banking Regulation Act 1949 B. The Bankers‘Books Evidence Act–1891 C. Cooperative Societies Act, 1912 D. Both (B) and (C) E. None of the Above

Last Answer : C. Cooperative Societies Act, 1912 Explanation: Co-operative banks operate in both urban and non-urban areas. All banks registered under the Cooperative Societies Act, 1912 are considered co-operative banks ... approved bylaws and amendments.co-operative banks work on a -no profit, no loss basis.

Bankers Institute of Rural Development (BIRD) is a premier training establishment promoted by NABARD. Where is BIRD located? a. Ludhiana b. Lucknow c. Nashik d. Jabalpur e. Bhopal

Description : Bankers Institute of Rural Development (BIRD) is a premier training establishment promoted by NABARD. Where is BIRD located? a. Ludhiana b. Lucknow c. Nashik d. Jabalpur e. Bhopal

Last Answer : b. Lucknow

Bankers Institute of Rural Development (BIRD) is a premier training establishment promoted by NABARD. Where is BIRD located? a. Bhopal b. Jabalpur c. Nashik d. Lucknow

Description : Bankers Institute of Rural Development (BIRD) is a premier training establishment promoted by NABARD. Where is BIRD located? a. Bhopal b. Jabalpur c. Nashik d. Lucknow

Last Answer : d. Lucknow

If a draft is accepted by a bank, it becomes a _____. A. valid draft B. demand draft C. usance draft D. banker's acceptance E. drawee's acceptance

Description : If a draft is accepted by a bank, it becomes a _____. A. valid draft B. demand draft C. usance draft D. banker's acceptance E. drawee's acceptance

Last Answer : D. banker's acceptance

Which of these terms are/is appropriate for RBI? (a) Banker’s Bank ; (b) Banker’s to the Government ; (c) Both ; (d) None

Description : Which of these terms are/is appropriate for RBI? (a) Banker’s Bank ; (b) Banker’s to the Government ; (c) Both ; (d) None

Last Answer : (c) Both ;

Which one of the following is not a function of the central bank in an economy ? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker’s bank

Description : Which one of the following is not a function of the central bank in an economy ? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker’s bank

Last Answer : Controlling government spending

Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge

Description : Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge

Last Answer : The answer is 'Mahatma Gandhi'

Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge

Description : Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge

Last Answer : answer:

Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge

Description : Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge

Last Answer : answer:

Who is the author of the book "Cheque book" ? -General Knowledge

Description : Who is the author of the book "Cheque book" ? -General Knowledge

Last Answer : Vasdev Mohi is the author

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

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.

_______ 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

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.

The safest form of Crossed Cheque is _____ A. Double Crossing B. General Crossing C. Special Crossing D. Account payee crossing E. None of the Above

Description : The safest form of Crossed Cheque is _____ A. Double Crossing B. General Crossing C. Special Crossing D. Account payee crossing E. None of the Above

Last Answer : D. Account payee crossing Explanation: In Account payee crossing the amount will not be paid to anybody over the counter. It will be credited to the account of the payee only. Thus account payee crossing ensures safe transfer of funds.

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

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.

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

Description : 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

Last 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.

Can you write yourself a cheque?

Description : Can you write yourself a cheque?

Last Answer : I don’t think it would clear because it would look like you were just trying to bounce it.

2 year old cheque still good?

Description : 2 year old cheque still good?

Last Answer : Nope. They expire after 6 months.

If a bank account is only overdrawn by 85c, can they still 'bounce' a customer's cheque?

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.

Which method of paying bills makes you feel more secure, mailing away a cheque or paying online with a credit card?

Description : Which method of paying bills makes you feel more secure, mailing away a cheque or paying online with a credit card?

Last Answer : I use one credit card for everything. Then I pay the monthly bill online. I have never had a moment’s problem.

On a job i just quit i think there was an extra 100 dollars on my cheque,what do i do?

Description : On a job i just quit i think there was an extra 100 dollars on my cheque,what do i do?

Last Answer : answer:this is one of those gray area kind of questions. some follow the finders keepers ideology while others would question ethics. Are you positive that the extra 100 dollar wasn't some sort of ... what you think is right or wrong. Hope that helps you make whatever decision is right for you.

What is a cheque? How does it replace currency? -SST 10th

Description : What is a cheque? How does it replace currency? -SST 10th

Last Answer : A cheque is a paper instructing the bank to pay a specific amount from the person's account to the person in whose name the cheque has been drawn. . The facility of cheque against demand ... bank account to another in a couple of days. The transaction is complete without any payment of cash.

How is the facility of cheque useful? -SST 10th

Description : How is the facility of cheque useful? -SST 10th

Last Answer : A cheque is a paper instructing the bank to pay a specific amount from a person's account to the person in whose name the cheque has been issued. The payer,who has an account with ... facility of cheques against demand deposits makes it possible to directly settle payments without the use of cash.

What is a Cheque ? -SST 10th

Description : What is a Cheque ? -SST 10th

Last Answer : A Cheque is a paper instruction to the bank to pay a specific amount from the person’s account to the person in whose name the cheque has been issued.

A crossed cheque is one, which can be encashed only at which bank? -Do You Know?

Description : A crossed cheque is one, which can be encashed only at which bank? -Do You Know?

Last Answer : answer:

A crossed cheque is one, which can be encashed only at which bank? -Do You Know?

Description : A crossed cheque is one, which can be encashed only at which bank? -Do You Know?

Last Answer : answer:

What are the differences between payment voucher, journal and cheque?

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

Does a bounced cheque affect your credit score, even if no loan payment is involved?

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

Cheque deposited into Bank increases the Bank balance as per Cash Book.

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.

When cheque is ________ into bank Cash Book is debited. 

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

(i) Refusal by the bank to make payment of a cheque.

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.

1 Received cheque from Head Cashier ₹ 2,700. 

Description : 1 Received cheque from Head Cashier ₹ 2,700. 

Last Answer : Enter the following transaction in an analytical petty cash book under the imprest system for the month of ... 27 Purchase a wooden chair for ₹ 275.

1 Cash Balance ₹ 33,000 Bank Balance ₹ 8,000 3 Received from Prerna cash ₹ 2,750 and a bearer cheque for ₹ 645. 

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.

(i) When a bank refuses to make the payment of the cheque, it is said to be ________

Description : (i) When a bank refuses to make the payment of the cheque, it is said to be ________

Last Answer : Complete the following sentences: (i) When a bank refuses to make the payment of the cheque, ... v) _________ advance is given to the petty cashier.

A cheque received and deposited into the bank on the same day is a contra entry.

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.