_________is an instrument which is used for transfer of funds

Related MCQs

• __________ means signing on the back of negotiable instrument with a view to transfer the title in the instrument to another person
• -------------is a funds transfer mechanism where account to another bank account is real time.
• 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.
• As per the Act Negotiable instrument means--------
• -------------- is a person who became the possessor or payee of a negotiable instrument for a consideration.
• Mere signature of the payee on the reverse of the instrument is called ___________endorsement
• ----------------means the transfer of money from one bank a/c to another electronically
• ________ means the transfer of all the rights and remedies available to the insured in respect of the subject matter to the insurer after indemnity has been effected.
• ATM can be used for
• What is the most widely used tool of monetary policy?