Question : Which of the following is not a type of negotiable instrument?
Option 1: Cheque
Option 2: Bill of exchange
Option 3: Promissory note
Option 4: None of the above
Correct Answer: None of the above
Solution : The correct answer is
d) None of the above
All options mentioned (cheque, bill of exchange, and promissory note) are types of negotiable instruments. A negotiable instrument is a document that guarantees the payment of a specific amount of money, either on-demand or at a specified future date. It can be transferred from one person to another by endorsement or delivery, making it a valuable and transferable instrument.
Question : ______________ is a payment instrument issued by a bank similar to a cheque
Option 2: Demand draft
Option 3: Bill of exchange
Option 4: Promissory note
Question : The currency note in India is a:
Option 1: Promissory note
Option 2: Cheque
Option 3: Demand draft
Option 4: Bill of exchange
Question : Which of the following is not a type of treasury bill?
Option 1: 14-day treasury bill
Option 2: 28-day treasury bill
Option 3: 91-day treasury bill
Option 4: 365-day treasury bill
Question : Which of the following is not a type of government security?
Option 1: Treasury bill
Option 2: Bonds
Option 3: Equity shares
Question : A debenture is a type of:
Option 1: Equity instrument
Option 2: Debt instrument
Option 3: Derivative instrument
Option 4: Mutual fund
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