MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT
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The undertaking contained in a promissory note to pay a certain sum of money is______.
(a)Conditional
(b)Unconditional
(c)May be conditional or unconditional depending upon the circumstances
(d)None of the above
(e)Cannot be said

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Important Questions on Negotiable Instruments
HARD
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT
A bill of exchange contains a/an ______

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT
Cheque is a _____.

HARD
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT
The term "a cheque in the electronic form" is defined in the Negotiable Instruments Act, 1881 under_____.

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT
The term 'truncated cheque' is defined in the Negotiable Instruments Act, 1881 under_____.

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT
The term 'Negotiable instrument' is defined in the Negotiable Instruments Act, 1881, under the section_____.

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT
The term 'negotiation' in section 14 of the Negotiable Instruments Act, 1881 refers to ______

HARD
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT
The maturity of a promissory note or bill of exchange is the date at which it falls due. The term 'Maturity' is defined in which of the following sections of the Negotiable Instrument Act, 1881_____.

HARD
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT
If an instrument may be construed either as a promissory note or bill of exchange, it is_____.
