No one other than RBI and Central Government can make a Promissory note payable to bearer.

A. Does not include executors or administrator (Rama v. Praoin, AIR 1926 Mad 389) B. Includes executors or administrator (K. Subbanna v. K. Subbarayudu, AIR 1926 Mad 390) C. Includes executors but does not include administrators (P. Nayar v. T. Ramanna, AIR 1929 Mad 389) D. Includes only administrators but does not include executors (P. K. Pati v. Damodar Sahu, AIR 1953 Ori 179)

A. Notice of dishonour is compulsory B. No notice of dishonour is necessary C. Negotiable Instruments Act is silent on this aspect D. Indorsement is necessary

A. Yes B. No C. Both (A) and (B) D. None of the above

A. Section 5 B. Section 6 C. Section 7 D. Section 8