Question

Under Section 32, in the absence of a contract to the contrary, the maker of a promissory note and the acceptor of a bill before maturity are bound to pay:

A Only upon notice of dishonour
B The amount at maturity according to the apparent tenor of the note or acceptance
C Only half the amount due
D Nothing until the holder proves consideration
E The amount only to the original payee
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RBI Grade B 2026 Phase 1 Memory Based Paper
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