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As per the RBI Act, which of the following negotiable Instruments can be payable tothe bearer on demand?

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Question:

As per the RBI Act, which of the following negotiable Instruments can be payable tothe bearer on demand?

A.

Cheque

B.

Hundi

C.

Bank Draft

D.

Promissory Note

Answer» a. Cheque

Note: The above multiple-choice question is for all general and Competitive Exams in India.