The mechanism by which a person can make purchases without immediate cash payment

Related MCQs

• Policy holders are expected to pay premium on due dates a period of 15-30 days is allowed as grace to make payment of premium from the due date is
• ……………………………. Card which helps a person to purchase Goods and services and makes payment from his own deposit a/c
• Which bank has given the instructions to the commercial banks regarding the immediate credit of outstation cheque?
• -----------cheque cannot be transferred from one person to another person by mere delivery.
• ______________ is the right of a person to retain the property of another person in his possession untill the debt from that owner of that property is repaid
• Payment of cheque can be stopped by
• Payment of cheque can be stopped by
• -------------is a funds transfer mechanism where account to another bank account is real time.
• Cheque in which the drawer mentions the date earlier to the date of presenting it for payment is called -----------
• If a cheque is torn into two or more pieces and presented for payment is called a-------------