The banker's answer in case of dishonor of a cheque on a account of insufficiency of funds is generally

Related MCQs

• When a drawer draws a cheque without keeping sufficient balance and if the cheque is bounced for insufficient funds. The drawer is punishable with imprisonment which may extend to and or a fine.
• The endorser will not liable to the holder on dishonor of a negotiable instrument if he makes
• The endorser will not liable to the holder on dishonor of a negotiable instrument if he makes….
• The period of limitation in case of deposits with bankers from the date on which
• Bankers, in general, are hesitant to finance HUF because .
• The title of the endorsee will not be better than of the endorser in case a cheque is crossed containing the words
• The recurring deposit account combine the characteristics of ……….and fixed deposit account.
• In terms of the N.I. Act, finder of a lost cheque is :
• When a banker collects a cheque for which he has already given cash,his position is that of a…………
• …………… constitute the largest source of funds for the banks