Instrument example sentences

According to the Negotiable Instruments Act 1881, a promissory note is defined as an instrument in writing (not being a bank note or a currency note), containing an unconditional undertaking signed by the maker, to pay a certain sum of money only to or to the order of a certain person, or to the bearer of the instrument.For example, observational learning theory considers thought processes extremely important in learning, but these find almost no place in classical or instrumental conditioning theories.The first instrument is the Cash Reserve Ratio which specifies the fraction of their deposits that banks must keep with RBI.A psychologist, thus, is like an instrument that absorbs all sources of information from the environment.A number of financial institutions, at the Central as well as the State level in India, use the lease instrument along with traditional financing instruments.Political parties need to face and overcome these challenges in order to remain effective instruments of democracy.Debenture is a written instrument acknowledging a debt under the common seal of the company.The instruments which RBI uses for conducting monetary policy are as follows.In India, instruments of credit have been in use since time immemorial and are popularly known as Hundies.In India these instruments are governed by the Indian Negotiable Instruments Act 188 bill of exchange is generally drawn by the creditor upon his debtor.The potential difference is measured by means of an instrument called the voltmeter.It has been instrumental in averting widespread hunger and famine by supplying food from surplus regions of the country to the deficit ones.She felt that an old style political party was not the right instrument for social change.RBI often intervenes with its instruments to prevent such an outcome.Bond is also an instrument of acknowledgement of debt.