Banking and Finance 3 MCQ: The Negotiable Instruments (Amendment) Bill, 2017 inserted a provision allowing a court trying an offence related to cheque bouncing, to direct the drawer (person who writes the cheque) to pay interim compensation to the complainant. The interim compensation will not exceed ___% of the cheque amount? | Extra Education

← All Banking and Finance 3 questions

1

The Negotiable Instruments (Amendment) Bill, 2017 inserted a provision allowing a court trying an offence related to cheque bouncing, to direct the drawer (person who writes the cheque) to pay interim compensation to the complainant. The interim compensation will not exceed ___% of the cheque amount?

Correct Answer: 20%

Make the most of this question

This page focuses on one Banking and Finance 3 question from Faculty. After checking the answer, return to the topic list to practice more or run a timed set.

← More Banking and Finance 3 MCQs All Faculty topics Mock test hub

Banking and Finance 3 MCQ: The Negotiable Instruments (Amendment) Bill, 2017 inserted a provision allowing a court trying an offence related to cheque bouncing, to direct the drawer (person who writes the cheque) to pay interim compensation to the complainant. The interim compensation will not exceed ___% of the cheque amount? | Extra Education