Question:
Which section talks about "promissory note" under the Negotiable Instrument Act, 1881?
Which section talks about "promissory note" under the Negotiable Instrument Act, 1881?
Show Hint
A promissory note is a written promise to pay a specific amount of money to a specified person, defined under Section 2 of the Act.
Updated On: Sep 18, 2025
- Section 1 of Negotiable Instrument Act
- Section 2 of Negotiable Instrument Act
- Section 3 of Negotiable Instrument Act
- Section 4 of Negotiable Instrument Act
Hide Solution
Verified By Collegedunia
The Correct Option is B
Solution and Explanation
Step 1: Review relevant sections.
- A promissory note is defined under Section 2 of the Negotiable Instruments Act, 1881.
Was this answer helpful?
0
0
Top Questions on Banking Law
- Provisions regarding lien are found in:
- CUET (PG) - 2025
- LLM
- Banking Law
- Fixed Deposits are also called as:
- CUET (PG) - 2025
- LLM
- Banking Law
- Who is considered as the 'Custodian of Public Purse'?
- AP LAWCET - 2025
- Legal Studies
- Banking Law
- The validity of a bank cheque is ______ from the date of its issue.
- AP LAWCET - 2025
- Legal Studies
- Banking Law
- Ms. J, a banker, refused to honour the cheque of Ms. F, even though there was sufficient balance. Ms. F can file the case under which scenario?
- AIBE - 2024
- Legal Studies
- Banking Law
View More Questions
Questions Asked in CUET PG exam
- Arrange the following events related to India-Pakistan relations in a chronological order.
A. Operation Gibraltar
B. Kargil War
C. Karachi Agreement
D. Indus Water Treaty
- CUET (PG) - 2025
- India’s Foreign Policy
- Neglecting the delays due to the logic gates in the circuit shown in the figure, the decimal equivalent of the binary sequence [ABCD] of initial logic states, which will not change with the clock, is
- CUET (PG) - 2025
- Digital Electronics and Logic Gates
- What is the least number which, when divided by 7, 12 and 15 leaves 1 as the remainder in each case?
- CUET (PG) - 2025
- LCM and HCF
- Rearrange the following sentences to form a coherent and meaningful paragraph.
(A) Lack of knowledge about the diet is what makes people raise questions.
(B) This diet often characterized as restrictive, is associated with health benefits; however, it raises concerns.
(C) The vegan diet has gained momentum in recent years.
(D) There is a controversy about this diet with some people supporting it and others questioning its benefits.- CUET (PG) - 2025
- Logical Reasoning
- If a group comprises of five persons A, B, C, D and E, then how many persons are taller than E?
Statement (I): A is taller than B and B is shorter than A and E only.
Statement (II): C is shorter than A and A is shorter than E.- CUET (PG) - 2025
- Logical Reasoning
View More Questions