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

    Question

    Under which of the following section the dishonour of

    cheque is a criminal offence and is punishable by imprisonment up to two years or with monetary penalty or with both.
    A Section 138 Correct Answer Incorrect Answer
    B Section 139 Correct Answer Incorrect Answer
    C Section 140 Correct Answer Incorrect Answer
    D Section 145 Correct Answer Incorrect Answer
    E Section 155 Correct Answer Incorrect Answer

    Solution

    According to Section 138 of the Act, the dishonour of cheque is a criminal offence and is punishable by imprisonment up to two years or with monetary penalty or with both.

    Practice Next