MCQOPTIONS
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| 1. |
On 6th Aug’15 the Lok Sabha adopted the Negotiable Instruments (Amendment) Bill 2015 that enables the _________. |
| A. | Enable Cheque collections on Electronic Mode & Proposed to change the definition of Cheques |
| B. | Proposed to change the definition of Cheques & Lift the penalty over bouncing cheques |
| C. | Lift the penalty over bouncing cheques & Proposed to change the definition of Cheques |
| D. | Increase the penalty over bouncing cheques & Enable Cheque collections on Electronic Mode |
| Answer» B. Proposed to change the definition of Cheques & Lift the penalty over bouncing cheques | |