Question

Which of the following is NOT a correct feature of a negotiable instrument according to the Negotiable Instruments Act, 1881?

A It can be oral or in writing.
B There must be a promise or order to pay.
C It must call for payment in money and money only.
D It should be signed by the maker or drawer.
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)