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According to Section 4 of Negotiable Instrument Act, a promissory note is: • An instrument (not being bank note or currency note) in writing • Containing an unconditional undertaking • Signed by the maker • To pay a certain sum of money only to or to the order of, a certain person, or to the bearer of the instrument. In question, the sum is not certain as it is mentioned “Rs 10000 and all other sums which shall be due to him”. A Bill of Exchange has three parties. An inchoate instrument is an incomplete instrument
According to a United Nations report, global economic growth is projected to be 2.3% in 2023,from a January forecast, and the prediction for 2024 has dr...
Who has been elected as the new President of Singapore?
Ashtadhyayi, is a Sanskrit treatise on grammar, written in the 6th to 5th century BCE by _________.
Which of the following statements is/are correct?
I. Former Army Chief General SF Rodrigues was the 15th Army Chief who has died rece...
The Asian Development Bank (ADB) has approved a $200 million loan to strengthen flood and riverbank erosion risk management along the 650 kilometers (km...
What is the amount of the highest-ever interim dividend paid by PFC to the Government of India?
Which state will host the South Asian Athletic Federation (SAAF) cross country championship and 56th National Cross-Country athletics championships in M...
Recently Standard Chartered Bank has announced the launch of a co-branded credit card with which of the following firm?
Who was appointed as the new Union Home Secretary of India in August 2024?
Ukraine and the International Monetary Fund have agreed on a _____ loan package aimed at shoring up government finances severely strained by Russia’s ...