When a drawer draws a cheque without keeping sufficient balance and if the cheque is dishonored for insufficient funds, the drawer is punishable with and imprisonment which may extend to -------- and or a fine.

Related MCQs

• Sec 138 state that drawer of a cheque is liable to be punished if the cheque is bounded for-----------.
• Where the signature of the drawer of a cheque is not genuine such a cheque is called --------------
• Cheque in which the drawer mentions the date earlier to the date of presenting it for payment is called -----------
• Where a customer has issued a cheque date of which is yet to come such a cheque is called ---------.
• A cheque can be crossed by drawing two transverse parallel lines through top left corner of cheque is called -------------.
• Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?
• If a cheque has bears a date which is yet to come is termed as a
• Which bank has given the instructions to the commercial banks regarding the immediate credit of outstation cheque?
• If a cheque is torn into two or more pieces and presented for payment is called a-------------
• ---------------cheque is generated written and signed electronically .