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11th Standard English Medium Commerce Subject Functions of Commercial banks Creative 1 Mark Questions with Solution Part - II Question Bank Software Jun-25 , 2021

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Creative Questions in class 11 Commerce Subject. It will helps to get more idea about question pattern in  every Creative questions with  solution.

11th Standard English Medium Commerce Subject Functions of Commercial banks Creative 1 Mark Questions with Solution Part - II

11th Standard English Medium Commerce Subject Functions of Commercial banks Creative 1 Mark Questions with Solution Part - II

11th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 5
    5 x 1 = 5

  1. Anything written on the back of a negotiable instrument is__________.

    (a)

    endorsement

    (b)

    crossing

    (c)

    not negotiable

    (d)

    full crossing

  2. Definition of cheque is given in_________.

    (a)

    Company's Act 1956

    (b)

    Income Tax Act 1961

    (c)

    Negotiable Instrument Act 1881

    (d)

    Banking Regulation Act

  3. Expansion of NEFT is__________.

    (a)

    Net Economy Fertilizers Trend

    (b)

    National Electronic Funds Transfer

    (c)

    National Election Federation Technique

    (d)

    None of these

  4. Expansion of ECS is__________.

    (a)

    Electronic Clearing Service

    (b)

    Economic Census System

    (c)

    Electric Circuit System

    (d)

    None of these

  5. IMPS stands for__________.

    (a)

    Integrated Machine Power System

    (b)

    Immediate Payment System

    (c)

    Immediate Machine Power supply

    (d)

    None of these

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