A negotiable instrument is a commercial document in writing that contains an order for payment of money either on demand or after a certain time. There are of three types of Negotiable Instrument as per Negotiable Instruments Act, 1881:       I.       Bills of exchange     II.       Promissory notes    III.       Cheques Currency is a legal tender, guaranteed by the government to transfer value but the Negotiable Instruments have following characteristics. ·        It is written document signed and stamped by the maker/drawer. ·        It has a specific payee to whom the value is transferable. ·        Negotiable Instruments requires acceptance and endorsement.
A person crosses a 600-metre-long street in 10 minutes. The speed of the person, in km/h, is:
If a man cycles at 10 km/hr, then he arrives at a certain place at 1 p.m .If he cycles at 15 km/hr, he will arrive at the same place at 11 am At what sp...
Without stoppage, a train travels a certain distance with an average speed of 100 km/h, and with stoppage, it covers the same distance with an average s...
Buses A and B are moving around a circular ground of radius 280 m. If the speeds of the buses A and B are 12 m/sec and 20 m/sec respectively, then what ...
While going to a destination after travelling 75km, the driver noticed some problem in the clutch of the bus due to which he had to proceed at 2/5 of it...
‘A’ and ‘B’ started moving towards each other at same time with a speed of 12 km/hr and 6 km/hr, respectively. If the distance covered by ‘Aâ€...
A man travelled a total distance of 300 km. He travelled first 200 km on car with a speed of 40 km/h and rest of the distance on bike whose speed is 20 ...
A man travels some distance at a speed of 16 km/hr and returns at a speed of 12 km/hr. If the total time taken by him is 2 hrs 20 min, the distance is
A car takes 15 hours less to travel from point 'G' to point 'H' at a speed of 45 km/h than it takes to travel at 15 km/h. If 60% of the distance is cove...
