In case the original bill is dishonoured, a new bill can be drawn for the son of liquidated damage. This new bill is called ---.
ADraft
BCheque
CRedraft
DNone
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Related Questions:
The proposal for group insurance is called ---.
Which of the following statements about Closed PPIs is true?
Which account facilitates a foreign bank holding domestic currency in a domestic bank?
---- banks accept deposits but customer balance should not exceed Rs.1 lakh.
Discounting bills of exchange affects the bank’s balance sheet by: