9th Class General Math Chapter 3 English Medium Online MCQ Test With Answer

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MCQ's Test For Chapter 3 "Business Mathematics"

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  • Total Questions15

  • Time Allowed20

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Business Mathematics

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Question # 1

The person who draws,s the bill of exchange is called

Question # 2

The major types of accounts which can be maintained with banks to keep the deposits or surplus fund are.

Question # 3

The person in whose favour the bill of exchange is drawn is called

Question # 4

An instrument for payment issued by a bank on the request of its customer is calle

Question # 5

For withdrawal of large amount from saving account, a prior notice is required from

Question # 6

an order to pay money drawn by one branch of a bank upon another branch of the same bank for an amount of money payable to or order of payee or on demand is called

Question # 7

The person to whom the payment is made

Question # 8

if borrows Rs 100,000 for 3 year at rate of 16% p.a. What is mark up to pay?

Question # 9

An attractive source of fund for long term lending and investment purpose is: 

Question # 10

The percentage of profit or markup charged is

Question # 11

If Rs.1000 is deposited in saving account @ 10% p.a profit how much profit would a person get after one year?

Question # 12

Every year profit on profit along with principal amount is called: 

Question # 13

The person or entity whose insurance is being done is called

Question # 14

A machine installed by the bank to dispense cash to customer is called

Question # 15

In Pakistan the current account can be opened with minimum amount of

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