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Doctors Medicines MCQs Q&A

Which of the following is/are false about Dishonour of Cheque?
1. Section 138 defines Dishonour of cheque in terms of issues such as insufficiency of funds in the account.
2. Such cheque has been presented to the bank within a period of twelve months from the date on which it is drawn or within the period of its validity, whichever is earlier.
3. Imprisonment for such offence may be extended for period of five year.
4. Section 138 apply unless - the drawer of such cheque fails to make the payment of the said amount of money to the payee or, as the case may be, to the holder in due course of the cheque, within fifteen days of the receipt of the said notice.

Which of the following is/are false about Dishonour of Cheque?
1. Section 138 defines Dishonour of cheque in terms of issues such as insufficiency of funds in the account.
2. Such cheque has been presented to the bank within a period of twelve months from the date on which it is drawn or within the period of its validity, whichever is earlier.
3. Imprisonment for such offence may be extended for period of five year.
4. Section 138 apply unless - the drawer of such cheque fails to make the payment of the said amount of money to the payee or, as the case may be, to the holder in due course of the cheque, within fifteen days of the receipt of the said notice. Correct Answer 2 and 3

Related Questions

Before initiating criminal proceeding for dishonour of cheque, within how many days of receipt of information about dishonour should the payee of cheque issue a notice?
A demand notice in writing has to be given to the drawer by the payee under Section 138 of "The Negotiable Instruments Act," 1881, after receiving intimation from the Bank of Dishonour of cheque, within the period of:
Read the following statements:
(1) There is a rebuttable presumption that a cheque bearing a date was made or drawn on such date.
(2) It cannot be presumed that the holder of a cheque is a holder in due course.
(3) There is an irrebuttable presumption that the cheque was made or drawn for consideration.
Select the correct answer:
S1: A man handed a pair of trousers to the departmental store-clerk and said,"I'd like these altered, please".
P: He said that free alteration is not possible without a receipt.
Q: The man said,"Okay, I'd like to return the trousers". The clerk took them back and returned his money.
R: The man pushed the money and said,"Now I want to buy them". The clerk put the trousers in a bag, issued receipt and handed him both.
S: The clerk asked for the sales receipt but after searching his pockets the man replied that he had lost it.
S6: Triumphantly he put the trousers and the receipt on the counter and said,'I'd like to have these altered, please."

The Proper sequence should be:
A person (payee) signs a blank cheque and gives the same to another person (holder) and the holder fills up the blank space pertaining to amount and date and presents the same in his bank account and it is dishonoured. In such a situation, which of the following statement would be correct?
Read the passage carefully and choose the best answer to each question out of the four alternatives.
In mid-2012 I completed my first massive online open course, or MOOC, the kind widely offered by Coursera, EdX, Udacity and so on in partnership with different educational institutions. It was on clinical trials and ethical practices, offered by Johns Hopkins, on Coursera. This was shortly before the MOOC sensation hit India, and when Coursera, which was founded by two Stanford professors, itself was just a few months old. The MOOC bug had bit me. The course Id completed was mainly designed for health care professionals who would be involved in actual clinical trials, not college students who had no prior knowledge of that area. I decided to enroll in the course because it was the only biology related course open at the time. However, I did see hope in that sometime in the future Id be able to get a glimpse of what classes are like in the hallowed halls of major educational institutions around the world. By early 2013, Coursera and EdX had partnered with so many educational institutions and expanded their course offerings to include everything from food and nutrition to Greek mythology to business, that I was spoilt for choice. I spent hours going through course catalogues and poring over course descriptions, almost delirious with excitement at the fact that I was actually going to be able to take classes offered by universities I had only dreamt of attending.
The course the author completed on MOOC was related to which subject?
Which of the following statements are true/false?
1. Gratuity shall be payable to an employee on the termination of his employment after he has rendered continuous service for not less than five years.
2. Each employee, who has completed one year of service, shall make nomination for the purpose of receiving gratuity.
3. For every completed year of service in excess of six months, the employer shall pay gratuity to an employee at the rate of fifteen day's wages based on the rate of wages last drawn by the employee concerned.
4. An employer who contravenes, or makes default in complying with, any of the provisions of the Payment of Gratuity Act shall be punishable with imprisonment for a term which may extend to one year, or with fine which may extend to twenty thousand rupees, or with both.
When a drawer draws a cheque without keeping sufficient balance and if the cheque is bounced for insufficient funds, the drawer is punishable with imprisonment which may extend to . . . . . . . . and/or a fine.
Which of the following statements is/ are true ? A. The terms 'true' and 'false' apply to arguments. B. The terms 'true' and 'false' apply to statements. C. The terms 'valid' and 'invalid' apply to arguments. D. The terms 'cogent' and 'non-cogent' apply to statements. Choose the correct answer from the options given below:
Under Negotiable Instruments Act, how many days after service of notice of demand on drawer, the Cause of Action arises against drawer, if he fails to make payment?