Banking Operations & Cheque Types

When the words “or bearer” appearing on the face of the cheque are not

cancelled, then the cheque is called a __________.

• order cheque

• crossed cheque

• ante-dated cheque

• bearer cheque

When the word “bearer” appearing on the face of the cheque is cancelled and when in its place the word “or order” is written on the face of cheque is called ___________.

• order cheque

• crossed cheque

• ante-dated chque

• bearer cheque

Which means drawing two parallel lines on the face of cheque with or without additional word like “& co” or “account payee or Not Negotiable ____________.

• order cheque

• crossed cheque

• ante-dated cheque

• post dated cheque

If any cheque bears a date earlier than the date on which is presented to the bank is called __________ .

• order cheque

• crossed cheque

• ante-dated cheque

• multi-dated cheque

If any cheque bears a date which is yet to come then it is known as ___________ .

• order cheque

• multi-dated cheque

• ante-dated cheque

• post-dated cheque

A cheque which is torn into two or more pieces and presented for payment, such a cheque is called __________ .

• stale cheque

• ante-dated cheque

• multi-dated cheque

• post-dated cheque

If a cheque is presented for payment after three months from the date of the cheque written is called __________.

• stale cheque

• ante-dated cheque

• self cheque

• truncated cheque

Which of the following cheques is written by the account holder as pay self to receive the money in the physical form from the branch where he holds his account?

• stale cheque

• multi-dated cheque

• self cheque

• truncated cheque

Person named in the instrument to whom or to whose order the money is to be paid is known as _________ .

• Drawer

• Drawee

• Payer

• Payee

Under which act is a cheque defined?

• Payment and Settlement Systems Act, 2007

• Reserve Bank of India Act, 1934

• Banking Regulation Act, 1949

• Negotiable Instruments Act, 1881