negotiable instruments in banking

Various Negotiable Instruments

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1. The payment made through a cheque is known as: a) Cash payment b) Online payment c) Electronic payment d) Cheque payment 2. Which of the following is not a negotiable instrument? a) Cheque b) Promissory note c) Bill of exchange d) Invoice 3. A promissory note is a written promise to: a) Lend money … Read more

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