1. On whom the trade bill drawn

2. Noting charges are paid by the ___ but these are recordable from the ____

3. According to Negotiable Instrument Act, 1881, which of the following refers to “an instrument in writing (not being a bank note or a currency note) containing unconditional undertaking, signed by the maker to pay on demand or at a fixed or determinable future time a certain sum of money only to or to the order of a certain person, or to the bearer of the instrument”?

4. A bill of exchange is an?

5. Person to whom the bill is endorsed called ____

6. Discounting Charges =

7. Fee paid in cash to Notary Public is charged by

8. When a drawer discounts the bill, he gets?

9. On dishonor of a discounted bill whom does the bank look for payment

10. The party who is entitled to receive the cash of a bill receivable is called

11. Which balance is shown by a B/R Book

12. The act for signing by the drawer on the book of the instruments for the purpose of transfer

13. How many parties are involved in case of discounting of bill?

14. In case of term bill extra three days are given to acceptor are called?

15. Which bill is not allowed 3 days of grace

16. The purpose of accommodation bill is :

17. Kamal draws a bill on Sahil for Rs.3000. Kamal endorsed it to Rohan. Rohan endorsed it to Rakesh. The payee of the bill will be

18. Bill of Exchange has parties :

19. A person who writes out the order to pay is called?

20. If the due date is public holiday what will be the due date of the bill