Question
The holder must allow the drawee of a bill of exchange
……….. to consider whether he will accept it or not.Solution
Section 63 of NI Act: Drawee’s time for deliberation—The holder must, if so required by the drawee of a bill of exchange presented to him for acceptance, allow the drawee forty-eight hours (exclusive of public holidays) to consider whether he will accept it.
Which of the following horses won the Indian Turf Invitation Cup under S. Padmanabhan’s training?
Blue Origin's New Glenn rocket failed to achieve intended orbit during its third flight. The issue occurred during which stage?
Who has been appointed as the next President of the African Development Bank (AfDB)?
SmartFin, an end-to-end digital supply chain finance (SCF) platform, powered by Veefin Solutions has been launched that will help drive the required o...
Which institution has developed a new type of bulletproof jackets which is the lightest in the world?
In 2021, what percentage of global greenhouse gas emissions was attributed to the Asia-Pacific region?
What is the purpose of linking India's Structured Financial Messaging System (SFMS) with the UAE's messaging system?
Which Indian naval ship conducted a Maritime Partnership Exercise (MPX) with the Russian Navy Ship Soobrazitelny?
RBI has increased the limit for e-mandates for recurring payments to Rs 15,000 from___________?
At which location was the 23rd AIBD General Conference held where India was elected Chairman of the Executive Board?
Relevant for Exams:
