Difference between PIO and OCI: PERSON OF INDIAN ORIGIN (PIO) CARD A Person of Indian Origin (PIO) means a foreign citizen who or either of their parents/ grand parents/ great grand parents was permanent resident in India. OVERSEAS CITIZEN OF INDIA (OCI) CARD A person who was a citizen of India at anytime after 26.01.1950 TYPES OF CHEQUES : 1. Order Cheque : A cheque which is payable to a particular person or his order is called an order cheque. 2. Bearer Cheque : A cheque which is payable to a person whosoever bears, is called bearer cheque. 3. Blank Cheque : A cheque on which the drawer puts his signature and leaves all other columns blank is called a blank cheque. 4. Stale Cheque : The cheque which is more than three months old is a stale cheque. 5. Mutilated Cheque : If a cheque is torn or broken , it is termed as mutilated cheque. 6. Post Dated Cheque : If a cheque bears a date later than the present date, it is termed as post dated cheque. 7. Open Cheque : A cheque which has not been crossed is called an open cheque. 8. Crossed Cheque : A cheque which carries two parallel lines across the face of the cheque , is called crossed cheque.
Posted on: Sat, 17 Jan 2015 09:49:38 +0000
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