The Negotiable Instruments Act, 1881 is a law in India that provides a legal framework for the use of negotiable instruments such as cheques, promissory notes, and bills of exchange. The act defines the rights and obligations of parties involved in the use of negotiable instruments and provides legal remedies in case of any disputes. The act also provides guidelines for the endorsement, transfer, and payment of negotiable instruments. The act is important for facilitating the smooth functioning of financial transactions in India. Hence, option C is correct.
Which of the following is/are true about microplastics?
(i) They are soluble in water.
(ii) They are synthetic semi-solid particles.
Where did the drink land from the perch?
What has increased because of new opportunities presented by Africa’s emerging markets?
Statement: As per Norman Myers, not more than 6.8% of primary vegetation out of the original 182,500 sq km remains in the Western Ghats and Sri Lanka...
“The political parties ignored the situation of border crossing over the decades in order to cultivate vote banks.” According to the passage, this ...
The Army too opposed the embankment, saying it will pose hurdles for their forward movements during military operations.
Which of the following is most similar in meaning to the word ‘procurement’ as used in the passage?
Choose the sentence/s that is/are true regarding the Kapiriggama cascade system.
I. Kapiriggama cascade system has been instrumental in enabli...
In which two paragraphs has the use of money sent home from those working outside the village has been mentioned?
1) Paragraph 6 and Paragraph 2<...
How will the improvement in the direct tax collections be sustainable according to the passage?