Negotiable Instruments Act - Practice Test

[#91] An offence under Section 138 Negotiable Instruments Act was tried summarily. But the court imposed on the accused a sentence of imprisonment for one year. The sentence is

(A) Legal

(B) Only irregular

(C) Only improper

(D) Irregular

Correct Answer

(A) Legal

[#92] For cognizance to be taken of the offence of dishonour of cheque for insufficiency of funds in the account, which of the following are prerequisites:

(A) The cheque must have been presented to the bank within the period of its validity or within six months from the date on which it was drawn, whichever is earlier

(B) The complainant must prove by independent evidence that the cheque was issued for discharge of a debt or liability

(C) Both of the above

(D) None of the above

Correct Answer

(A) The cheque must have been presented to the bank within the period of its validity or within six months from the date on which it was drawn, whichever is earlier

[#93] A protest must contain

(A) The name of the person for whom the instrument has been protested

(B) The name of the person against whom the instrument has been protested

(C) The instrument it self or its literal transcript

(D) All of the above

Correct Answer

(D) All of the above

[#94] Which provision of the Act lays down that foreign bills must be protested for dishonour if so required by the law of the place where they are drawn?

(A) Section 100

(B) Section 102

(C) Section 104

(D) Section 103

Correct Answer

(C) Section 104

[#95] What's the maximum punishment under the Negotiable Instruments Act

(A) 2 Years Only

(B) 6 Years and or fine which is double amount the dishonour

(C) Any punishment below 7 years

(D) None of the above

Correct Answer

(D) None of the above

Negotiable Instruments Act - Study Mode

[#91] An offence under Section 138 Negotiable Instruments Act was tried summarily. But the court imposed on the accused a sentence of imprisonment for one year. The sentence is

Correct Answer

[#92] For cognizance to be taken of the offence of dishonour of cheque for insufficiency of funds in the account, which of the following are prerequisites:

Correct Answer

[#93] A protest must contain

Correct Answer

[#94] Which provision of the Act lays down that foreign bills must be protested for dishonour if so required by the law of the place where they are drawn?

Correct Answer

[#95] What's the maximum punishment under the Negotiable Instruments Act

Correct Answer