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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.
According to the data provided by the Reserve Bank of India (RBI),India’s foreign exchange reserves rose to ______ in theApril,2023.
.___________ is the capital of Tanzania.
Which city is situated on the banks of the River Saryu?
Who facilitated the opening of the Great Silk Route to Indians?
Samiya Imad Farooqui is related to which of the following sports?
A bank can issue Certificate of Deposit of maturity of 1 day to one year
Which of the following statements is correct?
A. Right issues are privilege given to existing shareholders to buy the common shares at some speci...
In which year the branch of Kumaon Parishad was extended to Dharchula and Munsiyari?
The Atal Pension Yojana (APY) is meant to provide a universal social security system for workers in the unorganized sector. Which of the following group...
Which Indian state hosted the 'Bharat Shakti - a Tri-Services Firing and Manoeuvre Exercise'?
