Question
Which of the following does not form the part of a
Negotiable Instrument as per Negotiable Instruments Act, 1881?Solution
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.
Three statements are given, followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at varianc...
Find the missing number in the following number series:
22.5, ____, 26.5, 30, 34.5
Select the correct mirror image of the given figure when the mirror is placed at MN as shown below.
Read the given statements and conclusions carefully. Decide which of the given conclusions is are true based on the statements.
Statements:
...Vani starts from point A and drives 6 km towards the east. He then takes a right turn and drives 10 km. He takes a final left turn and drives 8 km and s...
Three of the following word pairs are alike in some manner and hence form a group. Which word pair does not belong to that group?
(The words must...
Which of the following numbers will replace the question mark (?) in the given series?
4, 11, 19, 31, 52, 89, ?
If, JANUARY = 718, FEBRUARY = 8210, SEPTEMBER = 9918, in a certain code language, then NOVEMBER =?
Who is an immediate neighbour of Ziya?
