(English Medium) ICSE Class 10 - CISCE Question Bank Solutions for Commercial Applications

Give two effects of crossing a cheque.

Explain the term Not Negotiable Crossing.

What is crossing of a cheque?

What are types of crossing?

It is a banker's cheque.

A cheque can be ______.

A demand draft is preferable to a cheque. Justify either for or against.

What is a bank draft?

State one difference between cheque and bank draft.

“Bank draft cannot get dishonomed.” Justify for or against.

Why is a bank draft a safe mode of money transfer?

Distinguish between a cheque and bill of exchange.

"Travellers, cheques make travelling safe and convenient." Comment.