A negotiable instrument is a commercial document in writing that contains an order for payment of money either on demand or after a certain time. There are of three types of Negotiable Instrument as per Negotiable Instruments Act, 1881: I. Bills of exchange II. Promissory notes III. Cheques Currency is a legal tender, guaranteed by the government to transfer value but the Negotiable Instruments have following characteristics. · It is written document signed and stamped by the maker/drawer. · It has a specific payee to whom the value is transferable. · Negotiable Instruments requires acceptance and endorsement.
The energy currency of the cell is called as:
Which of the following sattement is grammatically correct?
Who inaugurated the National Urban Cooperative Finance and Development Corporation Limited (NUCFDC) in New Delhi?
Mahindra and Mahindra Financial Services Ltd announced a strategic partnership with which Payments Bank to enhance credit access to a larger customer b...
In which year did the Government of India set up the first mutual fund by an Act of Parliament?
GARUDA SHAKTI exercise is a series of bilateral exercises conducted between India and which country?
Which statement correctly reflects the feature of BBPS?
I - The Bharat Bill payment system is a Reserve Bank of India ( RBI ) conceptualised s...
_____________ is the most commonly used measure of money supply.
Which of the following are most suitable indicators of SO2 pollution in environment?
In a web browser, which of the following is used to save frequently visited websites?
