difference between cheque and draft

Answer Posted / devi

A cheque is a bill of exchange drawn on a particular bank
where the drawee holds an account, asking the payment to be
made to the bearer or a particular person.
A Demand Draft is a bill of exchange drawn by a bank on
another branch of same bank or another bank.

Is This Answer Correct ?    10 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

who wrote the book "Discovery of India" ?

750


What is the venue of 2020 Summer Olympics?

651


Name the governor of RBI?

712


Pls Help to me for downloading some good website which offer free pdf file of Madhya Pradesh General Knowledge.

1463


public sector

1445






what is non cenvatable duty? How it can be calculated? Is it difers from item to item?

12155


please send rrb assistant station master model question paper

1807


Name the latest Nobel Prize winners?

635


who started 'teacher's day'?

666


Name the chief justice of India?

652


Do you have any idea about Common wealth games? In which year they will be held?

667


Arrange the given words in order in which they occur in the dictionary ?

614


what does h20 stand for?

658


Which indian cities known as twin cities of india ?

669


on what theme is picasso's painting 'guernica' based on?

634