Question
Which of the following is not treated as 'promissory
note' as per Section 4 of the Negotiable Instrument Act, 1881? A signed the instrument in following termsSolution
Option 3 is not a promissory note as definite sum is not mentioned. According to Section 4, 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. Ex- I promise to pay B or order Rs 500.
Market is a place of ______.
What percent of shareholding is under National Bank for Agriculture and Rural Development (NABARD) in Agriculture Insurance Company of India Limited?
In which type of insurance, schemes are offered by insurance companies to provide certain classes of individuals, the benefit of insurance coverage at m...
A policy that covers loss or damage to a householder's property is:
Which feature is not allowed in the Indian insurance market?
Reinsurance placed with a company not authorized in the reporting company’s state of domicile is called?
The amount charged by the insurer to provide the life cover to policy holder on the life of the life Insured is known as?
The portion of risk that a reinsurance company cedes or amount of insurance the company chooses not to retain is called?
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The 'Own Damage' cover in a motor insurance policy protects the insured against:
