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12th Commerce - The Negotiable Instruments Act, 1881 Two Marks Questions Question Bank Software Sep-27 , 2019

The Negotiable Instruments Act, 1881

12th Commerce - The Negotiable Instruments Act, 1881 Two Marks Questions

The Negotiable Instruments Act, 1881 Two Marks Questions

12th Standard

    Reg.No. :
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Commerce

Time : 00:45:00 Hrs
Total Marks : 20
    10 x 2 = 20

  1. What is meant by Negotiable Instrument?

  2. Define Bill of Exchange.

  3. List three characteristics of a Promissory Note.

  4. What is a meant by Cheque?

  5. Define Endorsement

  6. Define "Negotiable Instrument".

  7. Definition of promissory note.

  8. What do you mean by crossing a cheque?

  9. What are the Significance of general crossing?

  10. Write a short note on
    (i) Time instrument
    (ii) Accommodation instrument

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