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.
If a bank employee notices a senior manager manipulating loan records and reports it, this is called:
The process of evaluating the project ideas with a view to select the best and promising idea after eliminating the unprofitable ideas is called __ of t...
A PIO transfers an RTI application to another public authority. The time limit for response begins from:
Revenue from sale of products ordinarily is reported as part of earning in the period in which:
Cost control and cost reduction are very important for an enterprise. The cost can be controlled by management accountant through many ways like
The First Appellate Authority disposes of an appeal without giving the appellant a hearing. This is:
The term Angel investors refers to ________________.Â
“Duty to serve public interest” in ethics refers to:
Retailer is a sub-element of
What is the ethical implication of "Social Audit"?
