The Negotiable Instruments Act defines a ---------as “an instrument in writing containing an unconditional order, 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 to the bearer of instrument.”

Related MCQs

• An important feature of Export License under which certain goods can be imported only by designated agencies. For an example, an item like gold, in bulk, can be imported only by specified banks like SBI and some foreign banks or designated agencies.
• Foreign Exchange Regulation Act was replaced with The Foreign Exchange Management Act in the Year
• Import of free gifts and relief supplies by certain organizations/institutions e.g. Indian Red Cross Society, National Defense Fund is allowed
• Fulfillment of Export obligation for licenses with duty saved of Rs.100 Corers or more is valid only if -
• Fulfillment of Export obligation for licenses with duty saved of Rs.100 Corers or more is valid only if,
• Duty Drawback is given only, if the in house cost of production is -------in relation to international price.
• Commodity Boards act as an interface between international agencies like etc
• When SEZ Act was passed?
• Any person applying for any License of benefit or concession under the foreign Trade Policy will be required to furnish: