Question
Which section of Negotiable Instrument Act deals with
‘payment in due course’?Solution
Section 10 - “Payment in due course” means payment in accordance with the apparent tenor of the instrument in good faith and without negligence to any person in possession thereof under circumstances which do not afford a reasonable ground for believing that he is not entitled to receive payment of the amount therein mentioned.
Calculate Net operating Profit Ratio:
The Reserve Bank of India removed restrictions on individuals from opening interest-earning Foreign Currency Accounts (FCA) in order to make India’s I...
In which year National Institute of Bank Management (NIBM) was established?
The contributions of additional amount of Rs.50,000 towards NPS is allowed deduction under which section of the Income Tax Act?
Which section of the BRSR reporting framework focuses on information about the listed entity, including subsidiary companies?
Which of the following is NOT a role of project sponsors in project finance?
The FSIB is responsible for r ecommending to the government the person for appointment to the Board of financial institutions . What is the full form of...
Determine the cash flow from investing activities during the year based on the following: Cash flow from operating activities: 180,000 Cash flow from fi...
With reference to the NBFCs, consider the following statements:
1. It is a company registered under the Companies Act, 1956
2. NBFC c...
Planning involves
A) Forecasting
B) Choice among alternative courses of action.
C) Wishful thinking
D) Decision only by production manager
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