Question

The Negotiable Instruments Act was passed on

• A. 15th March, 1879
• B. 25th July, 1890
• C. 9th Dec, 1881
• D. 1st January, 1885

Answer 1

Answer:

C. 9th Dec, 1881

NEGOTIABLE INSTRUMENT:

• 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