Question
A person who receives a negotiable instrument in good
faith for valuable consideration is known asSolution
Under Section 9, “Holder in due course”.—“Holder in due course” means any person who for consideration became the possessor of a promissory note, bill of exchange or cheque if payable to bearer, or the payee or indorsee thereof, if 1[payable to order,] before the amount mentioned in it became payable, and without having sufficient cause to believe that any defect existed in the title of the person from whom he derived his title.
In July 2024, which economic indicator was recorded as the lowest in the last 59 months?
What is the maximum subsidy for ZED-certified MSMEs under the handholding support? Â
What is the maximum assistance provided for Infrastructure Development under MSE-CDP? Â
A company has Rs.500,000 of debt outstanding with a coupon rate of 10%. The yield to maturity on these bonds is 15%. If the rate of tax is 40%, what is...
What is the primary purpose of financial regulations?
The implementation of prudential norms on BASEL III capital framework for AIFIs shall be from April 01, 2022 except for ____, for which the implementati...
Normal Loss is generally determined as a % of which among the following?
Dividends earned on the investments in shares represents a part of an income. To which of the following categories of income, does it belong to?
An option that can be exercised only at expiration is called ____
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