A cheque returned for insufficiency of funds. Payee will have right to notice and approach court of law for justice under section 138 of which act?

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Question:
A cheque returned for insufficiency of funds. Payee will have right to notice and approach court of law for justice under section 138 of which act?

1.Indian Contract Act

2.Criminal Procedure Code

3.Negotiable Instrument Act

4.Payment and Settlement Act

Posted Date:-2021-10-25 14:21:31

More MCQS Questions and answers

  1. In finance, __________is a profit on an investment.
  2. A cheque returned for insufficiency of funds. Payee will have right to notice and approach court of law for justice under section 138 of which act?
  3. An instrument of qualitative credit control in India is?
  4. ASBA (Application Supported by Blocked Amounts) used with the help of banks associated with________________
  5. Call Money, Notice Money and Term Money markets are sub-markets of the ______________.
  6. Capital markets are also kown as_______
  7. City Union Bank Headquarter situated in______________?
  8. Finance is a field that deals with the study of____________.
  9. First Bank in India to launch Talking ATMs for differently-able person?
  10. First Indian bank to Introduce internet banking
  11. First Indian bank to open a branch outside India is_______.
  12. if Reserve Bank of India hikes interest rates by 25 basis points in its monetary policy, then a commercial bank would like to increase it's interest rates on loans by 25 basis points of___________?
  13. In finance, a derivative is a_______________.
  14. In Online Banking information processing system, A touchscreen is a/an___________?
  15. �A banknote is also known as a ___________.
  16. �The first bank purely managed by Indian was Punjab National Bank. PNB was established in Lahore in________.
  17. Land Development Banks form a part of the?
  18. NBFCs are an important part of the Indian financial system. what is meant by this term?
  19. Open-market operations of Reserve Bank of India refer to?
  20. The Bombay Stock Exchange (BSE) Established in______________.
  21. The Government of India is planning to revive which of the following types of banks by infusing fresh capital?
  22. The markets catering the need of short term funds are called__________.
  23. The minimum number of women required for formation of women groups under Development of women and children in Rural Areas Programme is?
  24. The New Capital Adequacy Frame work prescribed for the banks is commonly known as?
  25. The Reserve Bank hiked the limit for foreign investment in Asset Reconstruction Companies (ARCs) from the earlier cap of 49 per cent to?
  26. To promote the concept of charity towards the poor and the needy, the Indian government has been regularly encouraging people to donate and this donation can also be claimed as a deduction under______
  27. USSD stands for?
  28. What is an Indian Depository Receipt?
  29. Which among the following is NOT a subsidiary of RBI?
  30. Which of the following banks is limited to the needs of agriculture and rural finance?
  31. Which of the following cannot be called as a value Added Service offered by bank?
  32. Which of the following has introduced a new tool named Data Warehousing and Business Intelligence System for speedy analysis of data and identification of violations?
  33. Which of the following is not a banking term?
  34. Which of the following is not a primary function of a Bank?
  35. Which of the following is not classified as a Commercial Bank?
  36. Which of the following is NOT part of the scheduled banking structure in india?
  37. Which of the following is the full form of the term SLR as used in the banking sector?
  38. Which of the following tools is used by the RBI to control credit and monetary situations of the markets
  39. Which one of the following is controlled by the world wide web?
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