What is an ante-dated cheque?
Answer
Correct Answer : b ) Cheque is written by drawer and dated at some date in past but not expired.
Explanation :If the issuer of the cheque mentions a date earlier than the current date on the cheque, it is called ante dated cheque.
Post-dated cheques: There is a later date for encashment of such cheques. If the holder wants to encash the cheque immediately after receiving the cheque, the bank will process the payment only on the date mentioned in the cheque. The cheque is valid only after the mentioned date on it, not before the date.
Hence, option (b) is correct.
Share QOTD
Popular Blog
Paris Olympics 2024: Brief History of Olympics, Winners at Paris Olympics, Related Facts
Read More
Highlights of Union Budget 2024-25
Read More
Highlights of Interim Budget 2024
Read More
150+ Paryayvachi Shabd in Hindi - पर्यायवाची शब्द
Read MoreLatest Current Affairs
Daily Current Affairs and GK | 15 and 16 December 2024
Read More
Daily Current Affairs and GK | 14 December 2024
Read More
Daily Current Affairs and GK | 13 December 2024
Read More
Daily Current Affairs and GK | 12 December 2024
Read More
Daily Current Affairs and GK | 11 December 2024
Read MoreLatest Banking Awareness
Banking Awareness of 11, 12 and 13 December 2024
Read More
Banking Awareness of 8, 9 and 10 December 2024
Read More
Banking Awareness of 6 and 7 December 2024
Read More
Banking Awareness of 3, 4 and 5 December 2024
Read More
Banking Awareness of 1 and 2 December 2024
Read More
Comments