Answer / deepak

A demand draft is an instrument used for effecting transfer of money. It is a Negotiable Instrument. Cheque and Demand-Draft both are used for Transfer of money. You can 100% trust a DD. It is a banker's check. A check may be dishonored for lack of funds a DD can not. Cheque is written by an individual and Demand draft is issued by a bank. People believe banks more than individuals.

Answer / deepak

A demand draft is an instrument used for effecting transfer of money. It is a Negotiable Instrument. Cheque and Demand-Draft both are used for Transfer of money. You can 100% trust a DD. It is a banker's check. A check may be dishonored for lack of funds a DD can not. Cheque is written by an individual and Demand draft is issued by a bank. People believe banks more than individuals.valid for 6 months.

What do you know about RBI? State its role economic development of the nation?

0 Answers   RBI,

---

Lending of Lockers?

0 Answers   State Bank Of India SBI,

---

What does a delivery channel mean?

0 Answers   Bank of Baroda,

---

Types of Debentures

26 Answers   Banking, Capital IQ, FactSet Systems,

---

Tell something about your recent college project.

0 Answers   SEBI,

---

What is Futures contract?

7 Answers  

---

What Was The Purpose Of Setting Up Nabard?

0 Answers  

---

Why banks are nationalised?

0 Answers  

---

What is Corporate finance, Corporate governance, Role of SEBI, Ratio analysis in terms of equity and capital structuring? Please post answers as soon as possible. thankyou.

0 Answers  

---

When Shares Applications Are Received, What Entry Will Be Passed?

0 Answers   Joint Stock Company,

---

Explain deposit rate.

0 Answers   SEBI,

---

what is debit

21 Answers  

---