Question

    As per the Negotiable Instruments Act a Cheques is a _____________

    A Hundai Correct Answer Incorrect Answer
    B Promissory Note Correct Answer Incorrect Answer
    C Bill of Exchange Correct Answer Incorrect Answer
    D Both b & c Correct Answer Incorrect Answer

    Solution

    Section 6.   ''Cheque''- A cheque is a bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demand and it includes the electronic image of a truncated cheque and a cheque in the electronic form.

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