Cheque MCQs – Chapter 11 DAE 10 min Score: 0 Attempted: 0/10 Subscribe 1. A cheque has parties: (A) 4 (B) 5 (C) 6 (D) 3Show All Answers 2. It should not be on cheque: (A) Name (B) Amount (C) Signature (D) CuttingShow All Answers 3. The person who receives the amount of cheque is called (A) Payee (B) Drawer (C) Drawee (D) allShow All Answers 4. Maximum amount of cheque (A) None (B) 10,000 (C) 3,00,000 (D) 1000Show All Answers 5. Cheque is a document (A) Unconditional (B) Conditional (C) 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) Cross (D) OrderShow 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 deposit into bank (A) Banking Time (B) After Prayer (C) Before Time (D) allShow All Answers