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प्रश्न
What is a cheque?
थोडक्यात उत्तर
उत्तर
A cheque is an unconditional order in writing, drawn upon a specified banker, directing the bank to pay a certain sum of money only to the order of a person or to the bearer of the instrument.
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Banking Transactions
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संबंधित प्रश्न
Write any three disadvantages of payment through cheques.
Write a short note on Automated Teller Machine.
______ is not a legal tender and the creditor may refuse to accept it.
Distinguish between.
Cheque book and Passbook
Justify the following sentence for or against and give a reason:
A bank cannot refuse payment of a cheque.