44 - Concepts Related to Negotiable Instruments

Banking Awareness Multiple Choice Questions (MCQs) and Answers with explanation on Concepts Related to Negotiable Instruments for IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Bank

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1).
Which of the following are included/excluded in determining reasonable time for the purpose of payment of a negotiable instrument?
2).
Which of the following defines 'At sight' under section 21 of the Negotiable Instrument Act, 1881?
3).
Which of the following means 'indorsement in blank' of an instrumentnder section 16 of the Negotiable Instrument Act?
4).
What happens if in an instrument the amount undertaken or ordered to be paid is stated differently in figures and in words?
5).
Which of the following instruments may be construed either as a promissory note or bill of exchange?
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