Dishonoured cheque is also called Return of the cheque unpaid

Q.  If a cheque is dishonoured it is called ____________ .
- Published on 20 Jul 15

a. Settlement of the cheque
b. Withdrawing of the cheque
c. Nullifying of the cheque
d. Return of the cheque unpaid

ANSWER: Return of the cheque unpaid
Insufficient fund, the death of the drawer, irregular signature, non-existing account, bankruptcy, frozen account, when there is attention, a post-dated cheque, if there is difference between the amount written in words and that in figures, when payment is stopped are the reasons why most bank cheques are being dishonoured.

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