Banking General Awareness Banking Regulation System of India Question Bank Practice Questions - Credit Functions of Banks

  • question_answer
                      A Bill of Exchange in which a bank orders its branch or another bank, as the case may be, to pay a specified amount to a specified   person or to the order of the specified   person is called                            

    A)  cheque           

    B)  bank draft

    C)  promissory note         

    D)  insurance

    E)  None of these     

    Correct Answer: C


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