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Q. The following one is a negotiable instrument, negotiable by usage or custom

Q. A pledge can be made in respect of....

Q. Protection to the Paying Bank in case of alteration in a cheque is available under.

Q. A bank finances an agriculturist to buy a tractor. The loan is secured by:

Q. Bank A grants an overdraft to ABC Ltd against book debts. This is secured by:

Q. Dishonour of cheque by a banker without any justifiable reason is called

Q. Which of the following is/are true about bill of exchange? A) A bill of exchange requires in its inception two parties. B) A bill of exchange or “draft” is a written order by the drawer to the drawee to pay money to the payee. C) Bills of exchange are used primarily in international trade, and are written orders by one person to his bank to pay the bearer a specific sum on a specific date. D) Definition of ‘Bill of Exchange’ is mentioned in Section 6 of the Negotiable Instrument Act.

Q. The collecting banker is bound to show due care and carefulness in the collection of cheques presented to him.

Q. The Negotiable Instruments (Amendment) Bill, 2017 inserted a provision allowing a court trying an offence related to cheque bouncing, to direct the drawer (person who writes the cheque) to pay interim compensation to the complainant. The interim compensation will not exceed ___% of the cheque amount?

Q. The award made by the Lok Adalat is deemed to be a decree of the civil court like arbitration Award.