Q1. The Negotiable Instruments Act, 1881 consists of how many chapters and sections?
a. 17 Chapters and 147 Sections
b. 17 Chapters and 140 Sections
c. 15 Chapters and 147 Sections
d. 16 Chapters and 150 Sections
a. 17 Chapters and 147 Sections
b. 17 Chapters and 140 Sections
c. 15 Chapters and 147 Sections
d. 16 Chapters and 150 Sections
Q2. Which section of the Negotiable Instruments Act, 1881 defines ‘Promissory Note’?
a. Section 4
b. Section 5
c. Section 6
d. Section 7
a. Section 4
b. Section 5
c. Section 6
d. Section 7
Q3. Which section of the Negotiable Instruments Act, 1881 defines ‘Bill of Exchange’?
a. Section 4
b. Section 5
c. Section 6
d. Section 7
a. Section 4
b. Section 5
c. Section 6
d. Section 7
Q4. Which section of the Negotiable Instruments Act, 1881 defines ‘Cheque’?
a. Section 4
b. Section 5
c. Section 6
d. Section 7
a. Section 4
b. Section 5
c. Section 6
d. Section 7
Q5. Which section of the Negotiable Instruments Act, 1881 defines ‘Negotiation’?
a. Section 14
b. Section 11
c. Section 12
d. Section 13
a. Section 14
b. Section 11
c. Section 12
d. Section 13
Q6. Which section of the Negotiable Instruments Act, 1881 defines ‘Indorsement’?
a. Section 14
b. Section 11
c. Section 12
d. Section 15
a. Section 14
b. Section 11
c. Section 12
d. Section 15
Q7. Which chapter of the Negotiable Instruments Act, 1881 deals with various aspects of negotiation?
a. Chapter III
b. Chapter IV
c. Chapter V
d. Chapter VI
a. Chapter III
b. Chapter IV
c. Chapter V
d. Chapter VI
Q8. Which chapter of the Negotiable Instruments Act, 1881 is related to presentment?
a. Chapter III
b. Chapter IV
c. Chapter V
d. Chapter VI
a. Chapter III
b. Chapter IV
c. Chapter V
d. Chapter VI
Q9. Which chapter of the Negotiable Instruments Act, 1881 is related to payment and interest?
a. Chapter III
b. Chapter IV
c. Chapter V
d. Chapter VI
a. Chapter III
b. Chapter IV
c. Chapter V
d. Chapter VI
Q10. Which sections of the Negotiable Instruments Act, 1881 deals with ‘Discharge from Liability on Notes, Bills and Cheques’?
a. Section 82 to 90
b. Section 80 to 90
c. Sections 85 to 95
d. Sections 87 to 95
a. Section 82 to 90
b. Section 80 to 90
c. Sections 85 to 95
d. Sections 87 to 95
Q11. Which of the following is a way through which discharge of liability takes place under section 82 of the Negotiable Instruments Act, 1881?
a. By Cancellation
b. By Release
c. By Payment
d. All of the Above
a. By Cancellation
b. By Release
c. By Payment
d. All of the Above
Q12. Which chapter of the Negotiable Instruments Act, 1881 deals with the provisions of reasonable time?
a. Chapter XIII
b. Chapter X
c. Chapter XI
d. Chapter XII
a. Chapter XIII
b. Chapter X
c. Chapter XI
d. Chapter XII
Q13. Which chapter of the Negotiable Instruments Act, 1881 deals with provisions related to notice of dishonour?
a. Chapter VI
b. Chapter VII
c. Chapter VIII
d. Chapter IV
a. Chapter VI
b. Chapter VII
c. Chapter VIII
d. Chapter IV
Q14. Which section of the Negotiable Instruments Act, 1881 defines ‘Cheque payable to Order’?
a. Section 81
b. Section 83
c. Section 85
d. Section 87
a. Section 81
b. Section 83
c. Section 85
d. Section 87
Q15. Which section of the Negotiable Instruments Act, 1881 defines ‘Dishonour of Cheque’?
a. Section 132
b. Section 138
c. Section 134
d. Section 135
a. Section 132
b. Section 138
c. Section 134
d. Section 135
Answers
- Option a
- Option a
- Option b
- Option c
- Option a
- Option d
- Option b
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Adtiya Aryan
Contributing author
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