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The fine under section 138 may extend to what multiple of the cheque?
ASix times
BNine times
CTwo times
DTen times
Answer & Solution
Correct answer: C. Two times
1. The alternative punishment is imprisonment.
2. The fine is measured against the cheque itself.
3. It may extend to twice the amount of the cheque.
_Source: The Negotiable Instruments Act, 1881 (India Code)_
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