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      Question

      A promissory note, bill of exchange or cheque drawn or

      made in India and made payable in, or drawn upon any person resident in, India shall be deemed to be an _________
      A Instrument Correct Answer Incorrect Answer
      B Inland instrument Correct Answer Incorrect Answer
      C Foreign instrument Correct Answer Incorrect Answer
      D Negotiable instrument Correct Answer Incorrect Answer
      E Either a or b or c or d Correct Answer Incorrect Answer

      Solution

      Inland Instrument: Negotiable Instrument Act Section 11.┬а Inland instrument:┬а A promissory note, bill of exchange or cheque drawn or made in India and made payable in, or drawn upon any person resident in, India shall be deemed to be an inland instrument.

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