When the bill is encashed from the bank before its due date, it is known as

Noting of Bill

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discounting of bill.

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Endorsement of Bill

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Dishonour of Bill

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Solution

The correct option is B discounting of bill.
When the bill is encashed from the bank before its due date, it is known discounting of bill.
Bank deducts its charges from the amount of bill and disburses the balance amount.

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