Given below are two statements, one labeled as Assertion (A) and the other labeled as Reason (R). Read the statements and choose the correct answer using the given below.Assertion (A): A 'negotiable instrument' means a promissory note, bill of exchange or cheque payable either to order or to bearer.Reason (R): Because it is said so under Section 13 of the Negotiable Instruments Act, 1881.

Both (A) and (R) are correct and (R) is the correct explanation of (A)

Given below are two statements, one labeled as Assertion (A) and the other labeled as Reason (R). Read the statements and choose the correct answer using the given below.<br>Assertion (A): A 'negotiable instrument' means a promissory note, bill of exchange or cheque payable either to order or to bearer.<br>Reason (R): Because it is said so under Section 13 of the Negotiable Instruments Act, 1881.

Which of the following is/are true about the Negotiable Instruments Act, the Promissory Note?
1. Definition of Promissory Note is given in section 8 of the Negotiable Instrument Act
2. Containing an unconditional undertaking
3. To pay a certain sum of money only to a specific person or the bearer
4. The seller is bound to accept the promissory note
5. A document was written and signed by the payer/maker

A

2, 3 and 5

B

2, 3 and 4

C

1, 2, 3 and 4

D

All of the above

An assertion and a reason are given below. Assertion: The phenomenon of nuclear fission generates great energy. Reason: The process in which a nucleus is broken into two parts is called nuclear fission. Choose the answer. A. Both Assertion and Reason are true and Reason is the correct explanation of Assertion. B. Both Assertion and Reason are true but Reason is not the correct explanation of Assertion. C. Both Assertion and Reason are false. D. Assertion is true but Reason is false.

A

B

D

C

B

D

C

Which of the following is/are true about Bill of Exchange?
1. A bill of exchange requires in its inception two parties.
2. A bill of exchange or 'draft' is a written order by the drawer to the drawee to pay money to the payee.
3. Bills of exchange are used primarily in international trade, and are written orders by one person to his bank to pay the bearer a specific sum on a specific date.
4. Definition of 'Bill of Exchange' is mentioned in Section 6 of the Negotiable Instrument Act.

A

1 and 4

B

1, 2 and 4

C

2 and 3

D

3 and 4

The following items consist of two statements, one labeled as “Assertion (A)” and the other labeled as the “Reason (R)”. You are to examine the two statements carefully and decide if the Assertion (A) and the Reason (R) are individually true and if so whether the reason is a correct explanation of the assertion. Select your answer to these items using the codes given below and mark your answer accordingly. Assertion (A): A sphygmomanometer is always used in conjunction with a means to determine at what pressure, blood flow is just starting, and at what pressure it is unimpeded. Reason (R): Manual sphygmomanometers are used in conjunction with a stethoscope.

A

Both (A) and (R) are true and (R) is the correct explanation of (A).

B

Both (A) and (R) are true, but (R) is not the correct explanation of (A)

C

(A) is true, but (R) is false.

D

(A) false, but (R) is true.

The following items consist of two statements, one labeled as “Assertion (A)” and the other labeled as the “Reason (R)”. You are to examine the two statements carefully and decide if the Assertion (A) and the Reason (R) are individually true and if so whether the reason is a correct explanation of the assertion. Select your answer to these items using the codes given below and mark your answer accordingly. Assertion (A): Polarization preserving fibers have a special core design that maintains the state of polarization. Reason (R): In polarization preserving fibers, there is a stress applying part, which creates slow and fast axes in the core.

A

Both (A) and (R) are true and (R) is the correct explanation of (A).

B

Both (A) and (R) are true, but (R) is not the correct explanation of (A)

C

(A) is true, but (R) is false.

D

(A) false, but (R) is true.

The following items consist of two statements, one labeled as “Assertion (A)” and the other labeled as the “Reason (R)”. You are to examine the two statements carefully and decide if the Assertion (A) and the Reason (R) are individually true and if so whether the reason is a correct explanation of the assertion. Select your answer to these items using the codes given below and mark your answer accordingly. Assertion (A): In a magnetron, each cavity with its input gap acts as an open circuit transmission line of length half wavelength long. Reason (R): In magnetrons, the usual mode employed is the ‘π’ mode, where the phase change between the adjacent cavities is π radians.

A

Both (A) and (R) are true and (R) is the correct explanation of (A).

B

Both (A) and (R) are true, but (R) is not the correct explanation of (A)

C

(A) is true, but (R) is false.

D

(A) false, but (R) is true.

The following items consist of two statements, one labeled as “Assertion (A)” and the other labeled as the “Reason (R)”. You are to examine the two statements carefully and decide if the Assertion (A) and the Reason (R) are individually true and if so whether the reason is a correct explanation of the assertion. Select your answer to these items using the codes given below and mark your answer accordingly. Assertion (A): There are many applications in which digital outputs are required to be generated in accordance with the sequence in which input signals are received. Reason (R): These belong to such applications which only depends on the present input state.

A

Both (A) and (R) are true and (R) is the correct explanation of (A).

B

Both (A) and (R) are true, but (R) is not the correct explanation of (A)

C

(A) is true, but (R) is false.

D

(A) false, but (R) is true.

M drew a cheque amounting to Rs. 2 lakh payable to N and subsequently delivered to him. After receipt of cheque N endorsed the same to C but kept it in his safe locker. After sometime, N died, and P found the cheque in N's safe locker. State the nature of the Instrument as amounting to indorsement under the Negotiable Instruments Act, 1881.

A

Yes its an endorsement, as P becomes the holder of the cheque that he found in the N's safe locker

B

No, its not an endorsement, as P does not become the holder of the cheque

C

Yes, its an endorsement, as P was a ultimate custodian of the cheque

D

No, its not an endorsement, as Nendorsed it to Cand not to the P

Under section 11 of the Negotiable Instruments Act, a promissory note, bill of exchange or cheque drawn or made in India, and made payable in, or drawn upon any person resident in India is . . . . . . . .

A

Inland instrument

B

Foreign instrument

C

Negotiable instrument

D

Indorsement

Which of the following statements are true in context of a cheque?
1. Cheque is a special kind of Bill of Exchange.
2. Cheque is always payable on demand.
3. Validity of Cheque is 6 months.
4. Cheque doesn't require any stamping.

A

1, 2 and 3

B

1, 2 and 4

C

1, 2, 3 and 4

D

2, 3 and 4

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