Download App

P2 C4 Bills of Exchange — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C4 Bills of Exchange1 Mark
MCQ
Bill is an instrument under which act?
  • A
    Indian Company Act, $2013$
  • B
    Partnership Act, $1932$
  • C
    Indian Contract Act, $1872$
  • ✓
    Negotiable Instrument Act, $1881$
✓

Answer

Correct option: D.
Negotiable Instrument Act, $1881$

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "MCQ .(1 Marks)" from P2 C4 Bills of Exchange→P2 C4 Bills of Exchange — all question types→Account STD 11 Commerce question papers→Gujarat Board STD 11 Commerce question papers→Gujarat Board question paper generator→

Similar questions

Balance of which account is not found in three columnar cashbook?
→
A book prepared to keep a record of cash transactions is $………$
→
Which of the following device can read bar codes ?
→
Which of the following expense is not paid in cash ?
→
When cash or cheque is deposited into bank $........$ account will be debited.
→
Bill of exchange is also called as $…………..$
→
In foreign trade, noting of dishonour of a bill is $………$
→
Debit balance of bank as per cashbook means ____________________ .
→
A transaction by which cash or bank balance gets affected is known as $........$ transactions.
→
Which type of discount is cash discount which is arised at the time of cash purchase of goods?
→