New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Chapter X III of the Negotiable Instrument Act, 1881

    deals with_______.
    A Reasonable time Correct Answer Incorrect Answer
    B Crossed cheques Correct Answer Incorrect Answer
    C Notice of dishonor Correct Answer Incorrect Answer
    D Special rules of evidence Correct Answer Incorrect Answer

    Solution

    CHAPTER XIII – Special Rules of Evidence 118. Presumptions as to negotiable instruments. (a) of consideration; (b) as to date; (c) as to time of acceptance; (d) as to time of transfer; (e) as to order of indorsements; (f) as to stamp; (g) that holder is a holder in due course; 119. Presumption on proof of protest. 120. Estoppel against denying original validity of instrument. 121. Estoppel against denying capacity of payee to indorse. 122. Estoppel against denying signature or capacity of prior party.

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