Question

The 148 th section in Negotiable Instrument Act was added in the year

• A. 2005
• B. 2018
• C. 2010
• D. 2015

Answer 1

Answer:

B. 2018

NEGOTIABLE INSTRUMENT:

• The Negotiable Instrument Act : 1881 

• The NI Act was passed on : 9 Dec 1881 

• The NI Act was called : Act No 26

• The NI Act was came into force on : 1st March 1882

• There are 148 sections in NI Act (Sec - 148 added in 2018)

• NI Act is applicable to the entire Country of India