Question
Under the Negotiable Instruments Act, 1881, Section 126,
a banker is protected from liability when honouring a cheque if:Solution
Section 126 of the NI Act provides statutory protection to paying bankers who honour cheques in good faith where: (1) customer's account has sufficient funds, (2) signature appears genuine, and (3) no legal bar exists (stop payment, garnishee order, insolvency notice). This balances customer control with banker operational efficiency.
Sunanda Nair is famous for performing which of the following dance forms?
Members of which of the following phyla are commonly known as sea walnuts?
In 2020-21, which of the following states was the largest producer of Jute in India?
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What was the theme of International Yoga Day in 2022?
Who among the following personalities is an exponent of the Manipuri dance form?
A sum of money at simple interest amounts to Rs. 1285 in 4 years and to Rs. 1330 in 5 years. The sum is?
Which type of rainfall occurs when the heated air from Earth’s surface rises upwards along with the water vapour and gets condensed when it reaches a ...
Consider the following statements:
1.The South Asian Free Trade Area (SAFTA) agreement was signed to promote trade and economic cooperation among...
 Consider the following statements regarding the Babbar Akali movement during the years 1921 – 1925.
1. The movement included Guru Sikhs, ...