Question

Under the Act, the liability of the parties on a negotiable instrument is generally what among the prior parties and the holder?

A No liability
B Joint and several
C Joint only
D Several only
E Limited
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)