Question
As per Section 126 of the Negotiable Instrument Act,
1881, where a cheque is crossed generally, the banker on whom it is drawn shall not pay it otherwise than to_________.Solution
Section 126 of NI Act - Payment of cheque crossed generally—Where a cheque is crossed generally, the banker on whom it is drawn shall not pay it otherwise than to a banker.
The government securities market in India is regulated by _______
Under the SARFAESI Act, if a borrower defaults and fails to repay after notice, what is the maximum imprisonment prescribed for obstructing asset recovery?
If a firm has 100 in inventories, a current ratio equal to 1.2, and a quick ratio equal to 1.1, what is the firm's Net Working Capital?
What is the maximum loan amount that can be assessed under the Nayak Committee's Turnover Method?
AS-10 pertains to:
BankCo holds debt securities:
• Portfolio A: Government bonds held to collect contractual interest/principal.
• Portfolio B: Corporate...
A Public Cloud is characterized by:Â
Under the head Income from other sources, Family pension received is exempted upto ______.
What is the primary purpose of bookkeeping in business?
This kind of audit is conducted generally between two annual audit ______.
