AIBE question and official answer

AIBE VI 2014 Set A Question 30

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Question 30 of 100 AIBE VI 2014 Set A

Which one of the following is a promissory note when A signs the instrument?

  1. A I promise to pay B or order Rs. 10,000/- on demand Official answer
  2. B Mr. B. I. Owe. You. Rs. 10,000/-
  3. C I promise to pay B Rs. 10,000/- and such other sums which shall be due to him
  4. D I promise to pay B on his request Rs. 10,000/- on the death of X

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