Arihant Expert Team Solutions for Chapter: Negotiable Instruments, Exercise 1: MULTIPLE CHOICE QUESTIONS

Author:Arihant Expert Team

Arihant Expert Team General Knowledge/General Awareness Solutions for Exercise - Arihant Expert Team Solutions for Chapter: Negotiable Instruments, Exercise 1: MULTIPLE CHOICE QUESTIONS

Attempt the practice questions on Chapter 18: Negotiable Instruments, Exercise 1: MULTIPLE CHOICE QUESTIONS with hints and solutions to strengthen your understanding. Banking Awareness Complete Book For IBPS SBI & RBI Exams solutions are prepared by Experienced Embibe Experts.

Questions from Arihant Expert Team Solutions for Chapter: Negotiable Instruments, Exercise 1: MULTIPLE CHOICE QUESTIONS with Hints & Solutions

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

If in an instrument the amount undertaken or ordered to be paid is stated differently in figures and in words_____. 

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

If in a negotiable instrument the amount undertaken or ordered to be paid is stated differently in figures and in words:

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

What is the presumption under section 137 of the Negotiable Instruments Act, 1881?

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

Who among the following cannot cross a cheque?

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

In case of bouncing of cheques, what is the maximum period of imprisonment?

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

Which of the following is/are the essential feature(s) of the Negotiable Instrument Act 1881?

HARD
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

A promissory note, bill of exchange or cheque drawn or made in India, and made payable in or drawn upon any person resident in India shall be deemed to be an inland instrument. Inland mentioned is elaborated in which of the following sections of the Negotiable Act of 1881?

EASY
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

Which of the following is a negotiable instrument in India as per the Negotiable Instrument Act 1881?