Negotiable Instruments Act - Practice Test

(A) On the 30 th day after the day on which it is expressed to be payable

(B) On the 3 rd day after the day on which it is expressed to be payable

(C) On the 5 th day after the day on which it is expressed to be payable

(D) On the 4 th day after the day on which it is expressed to be payable

(B) On the 3 rd day after the day on which it is expressed to be payable

(A) A person who holds negotiable instrument in the name of his spouse

(B) A person who holds negotiable instrument in his name

(C) A person who becomes possessor of negotiable instrument without consideration

(D) A person who becomes possessor of negotiable instrument payable to bearer for consideration

(D) A person who becomes possessor of negotiable instrument payable to bearer for consideration

(A) Public holidays are excluded

(B) Public holidays are included

(C) Only the holidays observed by banks are excluded

(D) None of the above

(A) Public holidays are excluded

(A) Section 07

(B) Section 10

(C) Section 09

(D) Section 13

(C) Section 09

(A) The whole of India including State of Jammu and Kashmir

(B) The whole of India except the State of Jammu and Kashmir

(C) Those states as notified by the Union Government from time to time in the Official Gazette

(D) The whole of India except the State of Jammu and Kashmir and the North-Eastern States

(A) The whole of India including State of Jammu and Kashmir

Negotiable Instruments Act - Study Mode