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Crossing of cheques & protection of bankers MCQs with Answers

Practise Crossing of cheques & protection of bankers and check your answers.

Question 1

Crossing of cheque affects the

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Question 2

Cancellation of the crossing on a cheque by its drawer is also called:

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Question 3

Effect of 'not negotiable' crossing is mentioned under which section of the Negotiable Instruments Act, 1881?

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Question 4

Section 123 of the Negotiable Instruments Act deals with:

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Question 5

Under the Negotiable Instruments Act, 1881, a cheque is crossed generally when it bears:

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Question 6

Under the Negotiable Instruments Act, 1881, in a general crossing the words "and company" must appear:

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Question 7

Under the Negotiable Instruments Act, 1881, a generally crossed cheque may also contain the words:

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Question 8

Under the Negotiable Instruments Act, 1881, two parallel transverse lines alone on a cheque indicate:

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Question 9

Under the Negotiable Instruments Act, 1881, the crossing of a cheque must appear:

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Question 10

A cheque bears two parallel transverse lines across its face without the name of a banker between them. How is it classified under section 123 of the Negotiable Instruments Act, 1881?

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