The word "banker" as defined under Section 3 of the Negotiable Instruments Act, 1881 includes:
Under Section 3 of the Negotiable Instruments Act, 1881, "banker" includes any person acting as a banker (which covers commercial and nationalised banks) and any post office…
Choose your answer
The word "banker" as defined under Section 3 of the Negotiable Instruments Act, 1881 includes:
Answer and explanation
Correct answer D
Under Section 3 of the Negotiable Instruments Act, 1881, "banker" includes any person acting as a banker (which covers commercial and nationalised banks) and any post office savings bank. Therefore, all of the given options are included within the statutory definition.
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