New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    The term negotiable instrument is defined in the

    Negotiable Instruments Act 1881, under
    A Section 10 Correct Answer Incorrect Answer
    B Section 12 Correct Answer Incorrect Answer
    C Section 13 Correct Answer Incorrect Answer
    D Section 15 Correct Answer Incorrect Answer

    Solution

    “Negotiable instrument”- (1) A “negotiable instrument” means a promissory note, bill of exchange or cheque payable either to order or to bearer.

    Practice Next