Question

The Negotiable Instrument Act is also known by the name

• A. Act No 42
• B. Act No 19
• C. Act No 33
• D. Act No 26

Answer 1

Answer:

D. Act No 26

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