Negotiable Instruments Act MCQ question and answer | Law MCQ question

A. Thirty days

B. Six months

C. One year

D. No time limit is fixed

A. Under Section 145 Negotiable Instruments Act

B. Under section 147 Negotiable Instruments Act

C. Under section 142 Negotiable Instruments Act

D. Under section 320 of Cr.P.c.

A. 3 years from the date of the refusal to accept

B. 2 years from the date of the refusal to accept

C. 3 years from the date of the date of signing by the drawer

D. 3 years from the date of presentment

A. True

B. False

C. Partly true

D. Partly false

A. 1 day

B. 2 days

C. 3 days

D. 5 days

A. Only holder of the bill or his agent can present the bill

B. Drawer himself can present the bill

C. If the bill has been negotiated before acceptance, endorsee can present the bill

D. The bill cannot be presented to legal presentations in case of death of drawee

A. I promise to pay 'B' or order Rs. 500/- to be paid on demand

B. I promise to pay 'B' Rs. 5000/- and all other some which shall be due to him

C. I promise to pay 'B' Rs. 5000/- first deducting there out any money which he may own me

D. I promise to pay 'B' Rs. 5000/- ten days after my marriage with 'C'

A. Indian Bank Association v. Union of india

B. Nishant Aggarwal v. Kailash Kumar Sharma

C. Dashrath Rupsingh Rathod v. State of Maharashtra

D. None of the above

A. There must be an unconditional order or promise for payment

B. A cheque cannot be considered as a bill of exchange

C. If the time of payment is linked to the death of a person, it is nevertheless a negotiable instrument

D. It is freely transferable and delivery of the instrument is essential

A. The cheque was returned as signature on it not matched

B. The cheque was returned for insufficient funds in the account

C. The cheque was returned as it was presented after expiry

D. In all of above