Under which provision of the Negotiable Instruments Act, a person who is nominated as a Director of a company by virtue of his holding any office or employment in the Central Government or State Government or a Financial Corporation owned or controlled by the Central or State Government, is not liable for prosecution?

The term 'legal representative' in section 29 of the Negotiable Instruments Act, 1881

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)

In the case of a promissory note which is not negotiable

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

The endorsement of a negotiable instrument is followed by delivery

A. Yes

B. No

C. Both (A) and (B)

D. None of the above

'Truncated Cheque' is dealt within which section of the Negotiable Instruments Act, 1881?

A. Section 5

B. Section 6

C. Section 7

D. Section 8