Question
A bill of ₹50,000 discounted @12% p.a. for 3 months. Bank discount = ?
More Bills of Exchange Questions
- Mr. Arvind drew a bill of exchange of ₹1,00,000 payable after 3 months on Mr. Rohit, who accepted the bill. Before maturity, Mr. Arvind endorsed the bill t...
- A negotiable instrument as per the Negotiable Instruments Act, 1881 includes:
- A bill of exchange for ₹40,000 was discounted with the bank for ₹39,500. The amount of discount charged is:
- The term 'Days of Grace' in relation to a bill of exchange refers to:
- A bill of ₹50,000 discounted @12% p.a. for 3 months. Bank discount = ?
- Mr. A draws a bill of exchange for ₹1,00,000 on Mr. B for 90 days. Mr. B accepts it and it is discounted by Mr. A from the bank. On maturity, Mr. B fails t...
- When a bill is discounted with the bank, the party that bears the loss if the bill is dishonored at maturity is the:
- CSR stands for
- Noting charges are ultimately borne by the:
- Noting charges are recoverable from:
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)