Banking · Negotiable Instruments Act
Which instrument, governed by the Negotiable Instruments Act, 1881, is defined as an unconditional order in writing, signed by the maker, directing a certain person to pay a certain sum of money only to, or to the order of, a certain person or the bearer of the instrument?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Certificate of Deposit
- 2Bill of Exchange✓
- 3Cheque
- 4Promissory Note
Correct answer
Bill of Exchange
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