Chapter 11 CHEQUE MCQs 10 min Score: 0 Attempted: 0/10 Subscribe 1. . A cheque has parties: (A) 4 (B) 3 (C) 6 (D) 5Show All Answers 2. . It should not be on cheque: (A) Cutting (B) Amount (C) Signature (D) NameShow All Answers 3. . The person who receives the amount of cheque is called: (A) Drawer (B) Payee (C) Drawee (D) AllShow All Answers 4. . Maximum amount of cheque: (A) 1000 (B) 10,000 (C) 3,00,000 (D) NoneShow All Answers 5. . Cheque is a document: (A) Conditional (B) Unconditional (C) Both a & b (D) NoneShow All Answers 6. . The person who receives the amount of cheque is called: (A) Drawer (B) Drawee (C) Payee (D) AllShow All Answers 7. . A cheque is considered safer for payment: (A) Bearer (B) Open (C) Order (D) CrossShow All Answers 8. . Cheque can be cashed before ------ months: (A) 4 (B) 6 (C) 1 (D) 7Show All Answers 9. . Cheque is issued by: (A) Owner (B) Employee (C) Payee (D) DrawerShow All Answers 10. . Cheque can be deposited into bank: (A) Banking time (B) After prayer (C) Before time (D) AllShow All Answers