Indian Overseas Bank LBO Mock 01 – Question 107

Question:

Which section of Negotiable Instruments Act 1881 deals with dishonour of cheque for insufficiency of funds?

(a) Section 138

(b) Section 131

(c) Section 85A

(d) Section 148

(e) Section 45

NI Act 1881 की कौन सी धारा चेक बाउंस से संबंधित है?

(a) धारा 138

(b) धारा 131

(c) धारा 85A

(d) धारा 148

(e) धारा 45

Correct Answer: (a)

Explanation:

Section 138 of NI Act deals with cheque bounce due to insufficient funds. Option (a).

धारा 138। विकल्प (a) सही है।

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