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A cheque is a bill of exchange drawn on a specified banker and payable on:
Answer & Solution
Correct answer: D.
1. Section 6 — a cheque is a bill of exchange drawn on a banker payable on demand and includes electronic and truncated cheques.
2. It cannot be made payable after maturity period.
3. Hence (A).
_Source: ICAI BoS CA Inter Paper 2 — Negotiable Instruments Act 1881_