Negotiable Instruments Quiz

Negotiable Instruments Quiz

Professional Development

30 Qs

quiz-placeholder

Similar activities

Safety Care Review

Safety Care Review

Professional Development

25 Qs

Quiz - dzień promocji liceum 16 marca 2019

Quiz - dzień promocji liceum 16 marca 2019

KG - Professional Development

27 Qs

Dollar Up

Dollar Up

3rd Grade - Professional Development

35 Qs

Front Office Operations - I (Surpise Test)

Front Office Operations - I (Surpise Test)

Professional Development

25 Qs

ADVISOR DEALER TAHAP 2

ADVISOR DEALER TAHAP 2

Professional Development

25 Qs

FOR TEACHERS

FOR TEACHERS

Professional Development

25 Qs

Staying Safe At Home

Staying Safe At Home

3rd Grade - Professional Development

25 Qs

EDUC 702 - 1

EDUC 702 - 1

Professional Development

25 Qs

Negotiable Instruments Quiz

Negotiable Instruments Quiz

Assessment

Quiz

Special Education

Professional Development

Hard

Created by

Rupam Das

Used 2+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 2 pts

The word "Banker" is defined in NI Act-1881 in its section:

4

3

5

2

2.

MULTIPLE CHOICE QUESTION

20 sec • 2 pts

What is a Negotiable Instrument under the Negotiable Instruments Act, 1881?

A document that promises payment of money to the bearer

A movable property that can be transferred

A document containing a guarantee for goods

A legally binding contract

3.

MULTIPLE CHOICE QUESTION

20 sec • 2 pts

Which section of the Act defines a promissory note?

Section 4

Section 5

Section 6

Section 7

4.

MULTIPLE CHOICE QUESTION

20 sec • 2 pts

Negotiable Instruments means a Promissory note, Bill of exchange or Cheque, payable:

Bearer

Order

Either to bearer or order

Neither bearer nor order

5.

MULTIPLE CHOICE QUESTION

20 sec • 2 pts

Dishonor of a cheque due to insufficient funds attracts which section of the Act?

Section 126

Section 138

Section 142

Section 145

6.

MULTIPLE CHOICE QUESTION

20 sec • 2 pts

Which of the following is NOT a negotiable instrument as per the Act?

Cheque

Promissory Note

Letter of Credit

Bill of Exchange

7.

MULTIPLE CHOICE QUESTION

20 sec • 2 pts

The maturity period of a bill of exchange payable after sight is:

30 days

3 days (grace period)

15 days

As per the terms mentioned in the bill

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?