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Q. Which of the following is/are true about bill of exchange? A) A bill of exchange requires in its inception two parties. B) A bill of exchange or “draft” is a written order by the drawer to the drawee to pay money to the payee. C) Bills of exchange are used primarily in international trade, and are written orders by one person to his bank to pay the bearer a specific sum on a specific date. D) Definition of ‘Bill of Exchange’ is mentioned in Section 6 of the Negotiable Instrument Act.

Q. An Example of smurfing:

Q. Form of Balance sheet of banking Companies includes Fixed assets in

Q. As per the provisions of which act all financial institutions have to maintain a record for all form of transactions?

Q. On which rate bases, overnight money is needed by bank from RBI?

Q. Which of the following is a document of the title to the goods?

Q. The primary relationship between a banker and customer starts from the time.

Q. In the case of a banking company incorporated outside India balance-sheet and profit and loss account shall be signed by _________ of the company.

Q. Collecting a cheque payable to the firm to the private account of a partner without enquiry constitutes.......

Q. Which of the following Act refers to the acquisition and transfer of the undertakings of certain banking companies?