Amit signs an instrument in the following terms "I promise to pay Babu Rs. 10,000 and all other suns which shall be due to him". What is the legal status of above instrument?
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
For a company, Bank Overdrafts and Outstanding Expenses will be termed as
Which of the following is true regarding insurance in India?
1)Â Â Â The Insurance Act, 1938 regulates the insurance sector in India.
What does retributive justice emphasize?
 Which of the following statements is/are true about the National Stock Exchange of India (NSE)?
1)It is a government-owned stock exchange.
...What are the basic parameters required for stabilizing ALM of bank?
             I.       Net Interest Margin
   ...
Calculate Proprietary Ratio
According to a recent report by the Ministry of statistics and programme implementation (MoSPI),which state has recorded the highest output of cereals i...
As per the BASEL Regulations, Banks shall maintain a minimum Pillar 1 Capital to Risk-weighted Assets Ratio (CRAR) of ……………………………â...
Which of the following is/are the approach(s) to study human development?
1. Income approach
2. Welfare approach
3. Sustainability ...
Which of the following instruments do not contain Zero Risk?
