New ! Commerce MCQ Practise Tests



The Negotiable Instruments Act, 1881 Three and Five Marks

12th Standard

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Commerce

Time : 01:00:00 Hrs
Total Marks : 40
    5 x 3 = 15
  1. Write a short note on
    (i) Negotiability
    (ii) Assignability

  2. what do you mean by significance of special crossing?

  3. Write a note on
    (i) Documentary Bill
    (ii) Clean Bill

  4. Write a note on MICR.

  5. What is meant by IFSC code?

  6. 5 x 5 = 25
  7. Mention the presumptions of Negotiable Instruments.

  8. Distinguish a cheque and a bill of exchange.(any 5)

  9. Discuss in detail the features of a cheque. (any 5)

  10. What are the requisites for a valid endorsement?(any 5)

  11. Explain the different kinds of endorsements.

*****************************************

Reviews & Comments about 12th Commerce - The Negotiable Instruments Act, 1881 Three and Five Marks

Write your Comment