" /> -->

The Negotiable Instruments Act, 1881 - Two Marks Study Materials

12th Standard EM

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Commerce

Time : 00:45:00 Hrs
Total Marks : 20
    10 x 2 = 20
  1. What is meant by Negotiable Instrument?

  2. Define Bill of Exchange.

  3. List three characteristics of a Promissory Note.

  4. What is meant by a cheque?

  5. Define Endorsement

  6. Definition of Negotiable Instrument.

  7. Definition of promissory note.

  8. What do you mean by crossing a cheque?

  9. What are the Significance of general crossing?

  10. Write a short note on
    (i) Time instrument
    (ii) Accommodation instrument

*****************************************

TN 12th Standard EM Commerce free Online practice tests

Reviews & Comments about 11th Commerce - The Negotiable Instruments Act, 1881 - Two Marks Study Materials

Write your Comment