Millionaire Mode

Stamp Duty Law: Stamp Duty on Cheques

Question 1 of 15

What is the purpose of imposing Stamp Duty on Cheques?

  1. To generate revenue for the government
  2. To discourage the use of cheques
  3. To prevent cheque fraud
  4. To promote the use of electronic payments

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000