Forwarded from Divya Agarwal Mam (AIR 3)
FOUNDATION LEVEL QUIZ
A negotiable instrument can be dishonored by non-acceptance in which of the following cases?
A negotiable instrument can be dishonored by non-acceptance in which of the following cases?
Anonymous Quiz
17%
a) When a promissory note is not presented on time
33%
b) When a cheque is returned unpaid due to insufficient funds
41%
c) When a bill of exchange is presented for acceptance but acceptance is refused
9%
d) When a banker refuses to pay a crossed cheque
Forwarded from Divya Agarwal Mam (AIR 3)
INTER LEVEL QUIZ
As per Section 131, which protection is granted to a banker in the case of a dishonored cheque?
As per Section 131, which protection is granted to a banker in the case of a dishonored cheque?
Anonymous Quiz
9%
a) Protection against negligence
18%
b) Protection against claims of forgery
53%
c) Protection against liability for a crossed cheque in good faith and without negligence
20%
d) Protection against liability for dishonor due to insufficient funds
👍2
Forwarded from Divya Agarwal Mam (AIR 3)
FINAL LEVEL QUIZ
Which of the following circumstances would lead to vacation of office of a director under Section 167 of the Companies Act, 2013?
Which of the following circumstances would lead to vacation of office of a director under Section 167 of the Companies Act, 2013?
Anonymous Quiz
9%
a) Failure to attend board meetings for 9 months
24%
b) Failure to attend board meetings for 12 months
52%
c) Absence from all board meetings for 12 months without leave of absence
15%
d) Absence from all board meetings for 6 months without leave of absence
👍1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
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Forwarded from Divya Agarwal Mam (AIR 3)
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Forwarded from Divya Agarwal Mam (AIR 3)
FOUNDATION LEVEL QUIZ
Under Section 137 of the NI Act, a bank is protected from liability in case of wrongful dishonor of a cheque if:
Under Section 137 of the NI Act, a bank is protected from liability in case of wrongful dishonor of a cheque if:
Anonymous Quiz
14%
a) The cheque is dishonored due to a forged signature.
56%
b) The cheque is dishonored due to insufficient funds without negligence by the bank.
19%
c) The cheque is dishonored for a post-dated cheque presented before its date.
11%
d) The cheque is dishonored for breach of crossing rules
Forwarded from Divya Agarwal Mam (AIR 3)
INTER LEVEL QUIZ
Under which section of the Indian Contract Act is a contract entered into by mistake of both parties void?
Under which section of the Indian Contract Act is a contract entered into by mistake of both parties void?
Anonymous Quiz
29%
a) Section 17
36%
b) Section 20
27%
c) Section 22
8%
d) Section 56
Forwarded from Divya Agarwal Mam (AIR 3)
FINAL LEVEL QUIZ
What is the minimum gap required for a person to be reappointed as an independent director after serving two terms of five years each?
What is the minimum gap required for a person to be reappointed as an independent director after serving two terms of five years each?
Anonymous Quiz
7%
a) 2 years
43%
b) 3 years
42%
c) 5 years
9%
d) 1 year
👍1
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Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
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