As per section 147 of the Negotiable Instruments Act, 1881, every offence punishable under the Act are:

The correct answer is: B. Non-compoundable

A compoundable offence is an offence that can be settled between the offender and the victim without the involvement of the court. A non-compoundable offence is an offence that cannot be settled between the offender and the victim, and must be prosecuted by the state.

Section 147 of the Negotiable Instruments Act, 1881 states that every offence punishable under the Act is a non-compoundable offence. This means that if someone commits an offence under the Negotiable Instruments Act, the victim cannot settle the matter with the offender without the involvement of the court. The state must prosecute the offender.

Here is a brief explanation of each option:

• A. Compoundable
  A compoundable offence is an offence that can be settled between the offender

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  and the victim without the involvement of the court. The offender and the victim can agree on a settlement, and the court will not
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  prosecute the offender.

• B. Non-compoundable
  A non-compoundable offence is an offence that cannot be settled between the offender and the victim, and must be prosecuted by the state. The state must prosecute the offender, and the offender cannot settle the matter with the victim without the involvement of the court.

• C. Cognizable
  A cognizable offence is an offence that the police can investigate without a warrant. The police can arrest the offender without a warrant, and the offender can be held in custody until they are brought before a court.

• D. Both B and C above
  The correct answer is B. Non-compoundable.