As per the RBI Act, which of the following negotiable Instruments can – McqOptions

MCQOPTIONS

1.	As per the RBI Act, which of the following negotiable Instruments can be payable tothe bearer on demand?
A.	Cheque
B.	Hundi
C.	Bank Draft
D.	Promissory Note
Answer» B. Hundi

Discussion

No Comment Found

Related MCQs

During British rule , the …. was the medium through which the nationalistic fervour was spread to the Indians
Public interest is safeguarded by …….which lays down reasonable limitations to the freedom of expression
……….. of the Constitution does guarantee freedom of expression for every citizen
Legislatures pass laws, but ….. work out what they mean in practice
The ….. to the Constitution of India is a brief introductory statement that sets out the guiding purpose and principles of the document
The ………….. of India was elected to write the Constitution of India
The …….. is the supreme law of the land
The powers of the Press Council are provided in ……….of the Act
…………….is considered the toothless tiger
The basic object of the Right to Information Act is to empower the citizens, to promote ……in the working of Government