Question

If the amount payable on a negotiable instrument is stated differently in figures and in words, Section 18 provides that:

A The amount stated in figures shall prevail
B The instrument becomes void for uncertainty
C The amount stated in words shall be the amount payable
D The lower of the two amounts shall be payable
E The holder may choose either amount
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RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
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