Question
A 'Demand Draft' is defined under section ________ of
the Negotiable Instruments Act 1881.Solution
Demand draft is covered under s. 85 A of the Negotiable Instruments Act, 1882 S. 85A. Drafts drawn by one branch of a bank on another payable to order .—Where any draft, that is an order to pay money, drawn by one office of a bank upon another office of the same bank for a sum of money payable to order on demand, purports to be indorsed by or on behalf of the payee, the bank is discharged by payment in due course.
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Read the given sentence to find out whether there are any grammatical/contextual errors in them. The errors, if any, will be in two of the phrases of th...
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During the summer vacation, we plan to visit several cities / to explore their rich history / and learning about / their cultural heritage.
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Have we made headway in our attempts to save the world’s rain forests?
The most unromantic neighbourhood that a child could be possible to live in has given me some of the fondest memories of my life.
Some of the initiative taken by the RBI to develop the market include measures to impart liquidity by permitting repo transactions in corporate...
Glutathione is regarded as one of the most important detoxifications agent in the human brain.