1.

Select the correct option and rewrite the sentence:i. Fees charged by the Notary Public for noting facts or reasons of dishonour of bill are called _______(a) Discount (b) Rebate (c) Noting Charges (d) Commissionii. Noting charges are paid when a bill is _________ (a) honoured (b) dishonoured (c) renewed (d) retirediii. _______ is done in respect of dishonour of foreign bill of exchange.(a) Discounting (b) Endorsement (c) Noting (d) Protesting

Answer»

i. (c) Noting Charges

ii. (b) dishonoured

iii. (d) Protesting



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