The Negotiable Instruments Act, 1881 Three and Five Marks

12th Standard EM

    Reg.No. :
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Commerce

Time : 01:00:00 Hrs
Total Marks : 40
    5 x 3 = 15
  1. Write a short note on
    (i) Negotiability
    (ii) Assignability

  2. What are the significance of special crossing?

  3. Write a note on
    (i) Documentary Bill
    (ii) Clean Bill

  4. Write a note on MICR.

  5. What is meant by IFSC code?

  6. 5 x 5 = 25
  7. Mention the presumptions of Negotiable Instruments.

  8. Distinguish a cheque and a bill of exchange.

  9. Discuss in detail the features of a cheque.

  10. What are the requisites for a valid endorsement?

  11. Explain the different kinds of endorsements.

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