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Negotiable Instruments Act MCQ question and answer | Law MCQ question

Negotiable Instruments Act MCQ question and answer with easy explanations in Law MCQ. Negotiable Instruments Act MCQ section is suitable for aspirants preparing for competitive exams like NET, UPSC, JRF, SET,UGC NET other law exams etc. Page-4 section-3

Each section contains 100 MCQs on Negotiable Instruments Act .
31
Which of the following are presumptions as to a negotiable instrument under section 118 of the Negotiable Instruments Act? Answer using given below:
(1) Presumption of contractual capacity
(2) Presumption of consideration
(3) Presumption of maturity of instrument
(4) Presumption of date
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
32
Section 100 of Negotiable Instruments Act deals with:
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Answer & Solution
Answer: Option A
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33
Which one of the following proviso clauses of Section 138, Negotiable Instruments Act requires notice of fifteen days in case of failure of payment of cheque?
Discuss
Answer & Solution
Answer: Option C
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34
Relation of Section 138 of the Negotiable Instruments Act, 1881 is with
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Answer & Solution
Answer: Option C
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35
Every instrument is presumed to made, drawn, endorsed or negotiated for . . . . . . .
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Answer & Solution
Answer: Option B
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36
Which of the following is not a negotiable instrument:
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Answer & Solution
Answer: Option B
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37
Which of the following negotiable instruments requires acceptance by the drawee before payment can be demanded?
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
38
Under which Act public holidays are declared:
Discuss
Answer & Solution
Answer: Option A
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39
Power of the Court to try cases summarily given under Section:
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
40
"The term 'protest' used under the Negotiable Instruments Act, 1881 in Section 100 includes noting also."
The statement is
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Answer & Solution
Answer: Option C
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