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The Negotiable Instruments Act, 1881 3 Mark Creative Question Paper With Answer Key

12th Standard

    Reg.No. :
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Commerce

Time : 00:45:00 Hrs
Total Marks : 27

     3 Marks

    9 x 3 = 27
  1. Explain the nature of a Negotiable Instrument.

  2. Write a short note on
    (i) Negotiability
    (ii) Assignability

  3. what do you mean by significance of special crossing?

  4. Write a note on
    (i) Documentary Bill
    (ii) Clean Bill

  5. Write a note on MICR.

  6. What is meant by IFSC code?

  7. What are characteristics of a Negotiable Instruments?

  8. What is Negotiability?

  9. When there is no space in Negotiable lnstrument for making further endorsement, how can it be endorsed?

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