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प्रश्न
Define Cheque?
परिभाषा
उत्तर
- A cheque is a printed instrument issued by Commercial Banks to its customers for making and receiving payments. [To withdraw self and to pay others]
- The person who draws a cheque is called –“Drawer”.
- The Bank on whom the cheque is drawn is called –“Drawee”.
- The person who receives payment on the cheque is called –“Payee”.
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Bills of Exchange, Cheque, Promissory Note – Comparison
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संबंधित प्रश्न
The number of parties in a bill of exchange is ______.
A cheque will become stale after _____ months of its date:
Define Bill of Exchange.
List three characteristics of a Promissory Note.
What are the characteristics of a bill of exchange?
Distinguish between Bill of Exchange & Promissory Note.
Distinguish a cheque and a bill of exchange.
Discuss in detail the features of a cheque.
