1. Person to whom the bill is endorsed called ____

2. 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

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

4. Which bill is not allowed 3 days of grace

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

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

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

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

9. 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”?

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

11. A bill of exchange is an?

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

13. Discounting Charges =

14. The purpose of accommodation bill is :

15. Bill of Exchange has parties :

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

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

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

19. On whom the trade bill drawn

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