N. S. Toor Solutions for Chapter: Loan Policy and Loan Documentation, Exercise 19: TEST YOUR SELF

The stamp duty collected on the demand promissory note by the government is used by, which among the following?

A power of attorney executed by an NRI in favour of his mother for obtaining payment from the deceased account in the name of his father has been received. This requires to be stamped as per rates prescribed by _____, within a period of _____.

There were four stamps affixed to a document. Two were cancelled by signatures across them and two by cancelling them by putting cross:

A negotiable instrument is signed abroad and received in India for payment. What is the time for payment of stamp duty on it?

Which among the following documents when executed by a bank or any of its customers in favour of bank or otherwise, has different stamp duty (excluding the State of J&K) different places i.e. States?

On which among the following documents, the stamp duty payable in various States in India (excluding J&K) does not vary?

Which of the following documents are governed by State Stamp Acts?

Which document out of the following does not requires registration with the Registrar of Assurances?