Question

What is a "Promissory note" as defined

A An instrument in writing with a conditional promise to pay money to a specific person or bearer
B A bank-note or currency-note used for financial transactions
C An instrument in writing containing an unconditional undertaking, signed by the maker, to pay a certain sum of money
D A negotiable instrument payable on demand without any written terms
E A document issued by a bank promising to pay interest on deposits
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)