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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
Bank draft is a credit instrument.
Question # 2
The draft which is drawn and paid in two different countries.
Question # 3
An unconditional order of payment by one bank to another bank.
Question # 4
Bank draft onece issued can not be.
Question # 5
The payment of draft is made on.
Question # 6
The main content sof bank draft.
Question # 7
Grace days are given to debtor for the patment of:
Question # 8
Promissory note drawn by two or more persons is called
Question # 9
Credit instrument drawn by one bank on another bank is called
Question # 10
The signature of the following is compulsory on B/E:
Question # 11
The draft having two transvers parallel lines on its face is called.
Question # 12
Drawee fo bills of exchange is a person
Question # 13
Retirement of bill means
Question # 14
The main characteristics of bank draft.
Question # 15
A person in whose favour the rights of bill are transferred is called
ICOM Part 2 English Medium Principles of Banking Chapter 10 MCQ's Test
Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 10 Online Test" MCQ`s Test
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A ADNAN 17 - Jul - 2021 01 Min 52 Sec 15/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Draft Drawn and paid in two differnet countries is called. |
A. Foreign draft
B. Demand draft
C. Local draft
D. None of these
|
| 2 | Bills of exchange has three: |
A. Owners
B. Parties
C. Shareholders
D. None of the above
|
| 3 | Endorser of promissory note is a : |
A. Person who promises to pay
B. Person who receives the amount of note
C. Person in whose favour the rights are transferred
D. Person who trasfers the rights of note
|
| 4 | Main parties of promissory note are |
A. One
B. Two
C. Three
D. Four
|
| 5 | How many parties are involved in bank draft. |
A. Four
B. Three
C. Two
D. None of these
|
| 6 | Bills of exchange is |
A. An order to pay
B. A request to pay
C. A promise to pay
D. All of the above
|
| 7 | Bank draft is always in the form of. |
A. Hand written
B. Printed
C. Stamp paper
D. None of these
|
| 8 | The draft which is drawn and paid in two different countries. |
A. Inland draft
B. Ordered draft
C. Foreign draft
D. Home draft
|
| 9 | Promissory note drawn by two or more persons is called |
A. Individual promissory note
B. Joint promissory note
C. Foreign promissory note
D. All of the above
|
| 10 | The main content sof bank draft. |
A. bank branch
B. Payee
C. Date
D. All of these
|
Test Questions
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