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The person who has the right to receive the amount of the bill is called ----.
The seller or creditor who owes the money is known as ----.
The purchaser or debtor who is ordered by the drawer to pay the amount is known as ---.
The person on whom a bill is drawn is known as
The person who draws or writes the bill is called
A bill of exchange is an acknowledgement of
An instrument in writing, which contains an unconditional order signed by the maker, directing a certain person to pay a certain sum of money, only to the order of a certain person, or to the bearer of the instrument.
Bill of exchange is mentioned in which section of NI Act ?
---- is drawn by a creditor upon his debtor.
---- is a written acknowledgement of a debt, given by one person to another.
A bill of exchange is a --- instrument.
Commercial Paper is a ---
A commercial paper requires a minimum investment of --- and in its multiples, thereafter.
A certificate of deposit requires a minimum investment of --- and in its multiples, thereafter.
Commercial Paper was introduced in India by RBI in
Commercial Paper was introduced in India by ---
Tenure of a commercial paper shall be between
--- is an unsecured short term debt instrument, issued by Corporates and All Indian Financial institutions.
Certificate of Deposits was introduced in India as per directions of
Certificate of Deposits was introduced in India in ---.
--- is a negotiable money market instrument issued in a dematerialized form or usance promissory note, against the fund deposited in a bank or other eligible financial institutions issued for a period of time.
Dock warrant is a ---.
Dock warrant can be transferred by ----
----- certifies that the holder is entitled to be the owner of the goods imported and warehoused in the docks or wharf.
An instrument issued by the warehouse keeper, to the importers who deposits goods with them, is called
Bill of Lading is a
The proof of shipment of goods issued by dock authorities to Exporter
---- is an important document relating to foreign trade, where it is issued and signed by the master of the ship, acknowledging that they undertake to deliver the goods, as per the directions of the Exporter.
An order from one branch to another branch of the same bank, to pay a specific sum of money on demand, to the person named there in his order is termed ----.
The Section of the NI Act, which deals with a bank draft
An instrument which can be interpreted either as a bill of exchange or promissory note is called ----.
A negotiable instrument which is complete in all it's particulars it is called a ----
The person to whom a negotiable instrument is transferred is known as ---.
The person who transfers a negotiable instrument is known as ---.
A document that allows legally and freely assignable, saleable or transferrable by delivery is known as ---.
The transactions involving Negotiable Instruments in India is regulated by the law known as
The Section of Indian Currency Act, which doesn't consider Currency note as a Promissory note and Negotiable instrument.
The section of NI Act which deals with cheques
The section of NI Act which deals with Bill of Exchange
The section of NI Act which mentions about promissory notes
The Negotiable Instrument Act is applicable to
The 148 th section in Negotiable Instrument Act was added in the year
The number of sections in the Negotiable Instrument Act
The Negotiable Instrument Act is also known by the name
The Negotiable Instruments Act was passed on

Arrange the following initiatives taken by the Government of India to tackle the Non-performing assets in their ascending order of chronology.

  1. Corporate Debt Restructuring

  2. Compromise Settlement

  3. The Debt Recovery Tribunals (DRTS)

  4. Credit Information Bureau

  5. SARFAFSI Act

Choose the correct answer from the options given below:

In December 2016, the National Payments Corporation of India developed a mobile payment app named as
Which of the following is correct about the Banking Ombudsman scheme?

Consider the following Statements related to sale of a property. Choose the Statements that are wrong.

  1. Any person with an interest can apply to set aside a sale on grounds of irregularity or fraud within 45 days from the date of sale.
  2. Where multiple executions are received against the same defaulter, assets are distributed among decree holders rateably.
  3. If a sale is adjourned for more than 7 days, a fresh proclamation of sale must be made.
  4. The sales officer must confirm the sale, if no objections are received within 15 days from the date of Proclamation.

    Identify the true statements

    • A. Assertion: Cooperative is a form of socio- economic organization based on higher values.

    • B. Reason: It means for establishing a democratic egalitarian social order and own distinctive features and philosophy