MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Features of Bill of Exchange

The bill whic...

Question

The bill which is drawn in one country and payable in other county.

A

International bill

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Inland bill

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Domestic bill

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Foreign bill

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D Foreign bill
When Bill is drawn and honoured in two different countries it is termed as foreign bill.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Give word / term or phrase for each of the following statement.

The bill which is drawn in one country and payable in other country.

Q. Write True or False

The inland bill which is drawn in and payable in the same country.

Q. State whether the following statement is True or False.
The inland bill which is drawn and payable in the same country.

Q. A bill drawn in India and made payable in Japan.

Q. Bill payable is drawn by __________.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Introduction to Bill of Exchange

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Features of Bill of Exchange

Standard XI Accountancy

Join BYJU'S Learning Program

CrossIcon