Demand draft is covered under s. 85 A of the Negotiable Instruments Act, 1882 S. 85A. Drafts drawn by one branch of a bank on another payable to order .—Where any draft, that is an order to pay money, drawn by one office of a bank upon another office of the same bank for a sum of money payable to order on demand, purports to be indorsed by or on behalf of the payee, the bank is discharged by payment in due course.
The average weight of 32 employees in an office is 38 kg, while the average weight of 6 managers overseeing these employees is 62 kg. If 12 employees an...
There are two sections A and B of a class, consisting of 38 and 42 students, respectively. If the average weight of the students of section A is 55 kg ...
The average salary of 24 employees is recorded as ₹ 16,584. If the salary of an employee with value ₹14,526 was entered Wrongly as ₹ 41,238, then ...
The average age of a class was 16 years. 8 new students with an average age of 12 years joined the class. So, the average age of class decreased...
In an examination, the average marks obtained by the students is 40. After correcting the quantitative mistakes, the average of 50 students is reduced t...
Four persons ‘A’, ‘B’, ‘C’, and ‘D’ have different amounts with them. ‘D’ has twice the amount than that of ‘A’. The amount ‘B...
5 positive numbers are written on a piece of paper. Sum of first 3 numbers is 50 and ratio of the 4th and the 5th number is 2:3. If difference between t...
The average age of a group of 10 students is 30 years. Two persons of age 25 years and 30 years, left the group and 2 persons of age 54 years and...
When the average age of a husband and wife and their son was 44 years, the son got married and a child was born just one year after their marriage. When...
The average weight of 4 persons is 46 kg. The heaviest person’s weight is 28 kg more than the lightest person’s weight. If the average weight of the...
