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ICOM Part 2 English Medium Principles of Banking Chapter 10 MCQ's Test
Start Chapter 10 TestICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test
MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 10 Online Test"
Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 10 Online Test"
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Total Questions15
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Time Allowed20
Principles of Banking Icom Part 2 English Medium Chapter 10 Online Test
00:00
Question # 1
The document which is used to transfer the deposit from one bank to another is.
Question # 2
Written instrument by one bank to another bank.
Question # 3
Bills of exchange has three:
Question # 4
A bill which can be rediscounted from central bank
Question # 5
Bills of exchange can be cashed from bank before maturity by:
Question # 6
An unconditional order of payment by one bank to another bank.
Question # 7
How many parties are involved in bank draft.
Question # 8
Main parties of promissory note are
Question # 9
Drawee of the bank draft is a
Question # 10
The draft having two transvers parallel lines on its face is called.
Question # 11
On issuance of bank draft bank gets.
Question # 12
Bills of exchange is
Question # 13
Credit instrument drawn by one bank on another bank is called
Question # 14
Negotiable credit instrument do not include.
Question # 15
Endorser of promissory note is a :
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 bank branch on whic the draft is drawn is. |
A. Drawer
B. Payee
C. Drawee
D. None of these
|
| 2 | Treasury bill means: |
A. Amount of government
B. Evidence of governments debt
C. Promise of government to pay
D. None of the above
|
| 3 | Credit instrument drawn by one bank on another bank is called |
A. Cheque
B. Bills of exchange
C. Bank draft
D. Treasury bill
|
| 4 | The draft whihc is drawn and paid intwo different countries. |
A. Inland draft
B. Ordered draft
C. Foreign draft
D. Home draft
|
| 5 | The various kind of bank draft includes. |
A. Inland draft
B. Crossed bank draft
C. Foreign draft
D. All of these
|
| 6 | In case of bank draft the drawer is. |
A. Debtor
B. Creditor
C. Bank
D. Account holder
|
| 7 | Main parties of promissory note are |
A. One
B. Two
C. Three
D. Four
|
| 8 | An unconditional order of payment by one bank to another bank. |
A. Bill of exchage
B. Promissory note
C. Draft
D. None of these
|
| 9 | Negoitable credit instruemnts includes |
A. Bank darft
B. Postal order
C. I.O.U
D. Money order
|
| 10 | A bill which can be rediscounted from central bank |
A. Sight bill
B. Time bill
C. Both a and b
D. None of these
|
Test Questions