Challenger App

No.1 PSC Learning App

1M+ Downloads
Insertion of date in a cheque by the holder :

ARequires drawers authentication as it is a material alteration

BIs invalid and bank should not pay on such cheques

CIs punishable under Section 138 of NI Act

DIs not a material alteration as per Section 87 of NI Act

Answer:

D. Is not a material alteration as per Section 87 of NI Act


Related Questions:

Amount received or sale of land is ________________
Royalties based on production may be debited to _______ account
________ is the second item to be appeared under capital and liabilities in the Balance Sheet of a banking company.
Repairs incurred before using a second-hand van purchased recently is a
Journal entry contains only one debit and one credit is called __________