Time: 2 hrs

Max: 40 Marks
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Part A (1x4=4 Marks)

Choose the correct Answer
1. A special damage is also known as ––––––––– damage.
(a) ordinary (b) nominal (c) substantial (d) vindictive
2. The minimum period for which a fixed deposit can be accepted ––––––––––.
(a) 15 days(b) 45 days(c) 75 days (d) 90 days
3. The safest form of crossing is ––––––––– crossing.
(a) general (b) special (c) double (d) A/c payee
4. Which one of the following is a form of advance?
(a) loans (b) overdraft (c) cash credit (d) all the above

Part B (5x4=20 Mark )

Answer thefollowing

5. Write the different types ofdeposit ?

6. Differencebetween cheque andbill of exchange?
7. Write about pass book ?
8. Explain material alteration
Part C (8x2=16 Mark)

Answer thefollowing

9. What is cheque .Explain its types

10. Explain crossing of cheque & its type?