Question

A cheque on which two parallel transverse lines are drawn on its face at the left hand top corner with or without certain words is known as a ____________.

• A. Crossed cheque
• B. Order cheque
• C. Demand cheque
• D. Bearer cheque

Answer 1

The correct option is A Crossed cheque

There are different types of cheques like bearer cheque, crossed cheque, order cheques, blank cheque, etc.

A crossed cheque is the one where 2 parallel lines are drawn on the face of the cheque on the top corner of the cheque. These lines may or may not have words written between them. Such types of cheques are considered safe as the amount is not paid over the counter and credited directly to the account.