12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 10 (Negotiable Instruments (II))

ICOM Part 2 English Medium Principles of Banking Chapter 10 MCQ's Test

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MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 10 Online Test"

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Principles of Banking Icom Part 2 English Medium Chapter 10 Online Test

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Question # 1

Draft Drawn and paid in two differnet countries is called.

Question # 2

Drawee fo bills of exchange is a person

Question # 3

Bank draft onece issued can not be.

Question # 4

Bill in which drawer belonging to two different countries:

Question # 5

Bill which is drawn without any trade transcation

Question # 6

Bills of exchange can be cashed from bank before maturity by:

Question # 7

The various kind of bank draft includes.

Question # 8

The bills of exchange which is paid after the expiry of fixed period of time called

Question # 9

Retirement of bill means

Question # 10

Negoitable credit instruemnts includes

Question # 11

In case of bank draft the drawer is.

Question # 12

Bank draft is a credit instrument.

Question # 13

A bill which can be rediscounted from central bank

Question # 14

The draft whihc is drawn and paid intwo different countries.

Question # 15

The main characteristics of bank draft.

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ICOM Part 2 English Medium Principles of Banking Chapter 10 MCQ's Test

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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 The draft whihc is drawn and paid intwo different countries.
A. Inland draft
B. Ordered draft
C. Foreign draft
D. Home draft
2 The draft which is drawn and paid in two different countries.
A. Inland draft
B. Ordered draft
C. Foreign draft
D. Home draft
3 Negotiable credit instrument do not include.
A. Bank draft
B. Cheque
C. Postal orders
D. Treasury bill
4 Bills of exchange is a written order which is always
A. Conditional
B. Unconditional
C. Partially conditional
D. All of the above
5 The document which is used to transfer the deposit from one bank to another is.
A. Bank draft
B. Promissory note
C. Biull of exchange
D. All these
6 Bills of exchange can be cashed from bank before maturity by:
A. Overdraft
B. Renewal
C. Discounting
D. None of the above
7 How many parties are involved in bank draft.
A. Four
B. Three
C. Two
D. None of these
8 The main content sof bank draft.
A. bank branch
B. Payee
C. Date
D. All of these
9 The main characteristics of bank draft.
A. Written
B. On demand
C. Certain payment
D. All of these
10 Negoitable credit instruemnts includes
A. Bank darft
B. Postal order
C. I.O.U
D. Money order

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