New Enroll in RBI Grade B New Batch - Starts on May 21

    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. Correct Answer Incorrect Answer
    B There must be a promise or order to pay. Correct Answer Incorrect Answer
    C It must call for payment in money and money only. Correct Answer Incorrect Answer
    D It should be signed by the maker or drawer. Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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