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The Negotiable Instruments Act, 1881 was enacted on 9 December 1881 and came into force on 1 March 1882. How many total sections are there in the Negotiable Instruments Act, 1881?

1. 147
2. 23
3. 149
4. 162

Correct answer: 147

Solution

The Negotiable Instruments Act, 1881 contains 147 sections. It is an important law related to cheques, promissory notes, and bills of exchange.

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