Solve 2011 CBSE : Cash Management and House Keeping Set I question paper I
1. What do you understand by Currency Chest? What purpose does it serve? Where are currency chests maintained? Explain their" advantages to the banks. 6
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2. Define a demand draft and explain parties to it. Can a banker issue a demand draft payable to bearer? Give reason. 6
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CBSE Class XII Cash Management and House Keeping Set I Question Paper- 2011
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