1. 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”?

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

3. The purpose of accommodation bill is :

4. Bill of Exchange has parties :

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

6. On whom the trade bill drawn

7. A bill of exchange is an?

8. Discounting Charges =

9. 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

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

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

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

13. Which bill is not allowed 3 days of grace

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

15. Person to whom the bill is endorsed called ____

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

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

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

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

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