08-09-2007, 09:49 PM
Page 11
Q.2 Please write the alphabet of selected answer in the given space (20) (Winter-2006)
xvi A banker can pay cheque at its description beyond business hours to
A) Holder in due course B) The drawer only
C) Presented through clearing D) None of the above
10. No Legal bar on payment
Q.2 Please write the alphabet of selected answer in the given space (20) (Winter-2006)
xiv Payment in due course means
A) Payment during counter hours.
B) Payment within six months from the date of its issue.
C) Payment to the account holder only.
D) Payment according to section 10 of negotiable instruments act 1881.
8.7 Protection of the Paying Banker
Q.3 State True or False give brief reason for your selection at the space provided below the question. (20) (Summer-2006)
iii. Sec. 75 of the Bill of Exchange Act 1882 determines the duty and authority of a banker to pay a cheque drawn on him.
8.8 Protection to the Collecting Banker
Q.3 State True or False give brief reason for your selection at the space provided below the question. (20) (Summer-2006
xi. Section 31 of Negotiable Instrument Act deals with Collecting Bankerâs duties
Q.2 Please write the alphabet of selected answer in the given space (20) (Winter-2006)
xv A bank collecting a cheque for which it has paid 100% value to the account holder Gets protection from A) Sec.85 of negotiable instruments Act 1881. B) Sec.131 of N.I.A. 1881. C) As a holder-for-value. D) As a holder-in-due course.
8.9 Negotiation of Cheques
8.10 Payment of a Cheque under Forged Signatures
8.12 Dishonor of a cheque
Q.2 Please write the alphabet of selected answer in the column. (10) (Summer-2006)
i. When a cheque is dishonored, the payee must give notice of dishonor to
A) Drawer
B) Drawee;
C) None of the above
8.13 Standing Instructions
8.15 Credit Card
8.16 Charge Card
8.17 Cheque Card or the cheque guarantee card
8.18 Debit Card
8.19 Cash card or ATM card
Q.8 Write short notes on any Four of the following. You have only two pages to write the answer. (B) Charge Card (D) Cash Card/ATM (20) (Summer-2006)
Chapter â IX Revocation of Bankerâs Authority
9.1 Countermand of Payment
9.2 Notice of Customerâs death
Q.2 Please write the alphabet of selected answer in the given space (20) (Winter-2006)
xvi A banker can pay cheque at its description beyond business hours to
A) Holder in due course B) The drawer only
C) Presented through clearing D) None of the above
10. No Legal bar on payment
Q.2 Please write the alphabet of selected answer in the given space (20) (Winter-2006)
xiv Payment in due course means
A) Payment during counter hours.
B) Payment within six months from the date of its issue.
C) Payment to the account holder only.
D) Payment according to section 10 of negotiable instruments act 1881.
8.7 Protection of the Paying Banker
Q.3 State True or False give brief reason for your selection at the space provided below the question. (20) (Summer-2006)
iii. Sec. 75 of the Bill of Exchange Act 1882 determines the duty and authority of a banker to pay a cheque drawn on him.
8.8 Protection to the Collecting Banker
Q.3 State True or False give brief reason for your selection at the space provided below the question. (20) (Summer-2006
xi. Section 31 of Negotiable Instrument Act deals with Collecting Bankerâs duties
Q.2 Please write the alphabet of selected answer in the given space (20) (Winter-2006)
xv A bank collecting a cheque for which it has paid 100% value to the account holder Gets protection from A) Sec.85 of negotiable instruments Act 1881. B) Sec.131 of N.I.A. 1881. C) As a holder-for-value. D) As a holder-in-due course.
8.9 Negotiation of Cheques
8.10 Payment of a Cheque under Forged Signatures
8.12 Dishonor of a cheque
Q.2 Please write the alphabet of selected answer in the column. (10) (Summer-2006)
i. When a cheque is dishonored, the payee must give notice of dishonor to
A) Drawer
B) Drawee;
C) None of the above
8.13 Standing Instructions
8.15 Credit Card
8.16 Charge Card
8.17 Cheque Card or the cheque guarantee card
8.18 Debit Card
8.19 Cash card or ATM card
Q.8 Write short notes on any Four of the following. You have only two pages to write the answer. (B) Charge Card (D) Cash Card/ATM (20) (Summer-2006)
Chapter â IX Revocation of Bankerâs Authority
9.1 Countermand of Payment
9.2 Notice of Customerâs death
