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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
Written instrument by one bank to another bank.
Question # 2
The various kind of bank draft includes.
Question # 3
How many parties are involved in bank draft.
Question # 4
Bills of exchange has three:
Question # 5
The signature of the following is compulsory on B/E:
Question # 6
The draft which is drawn and paid in two different countries.
Question # 7
Draft Drawn and paid in two differnet countries is called.
Question # 8
The main content sof bank draft.
Question # 9
The draft whihc is drawn and paid intwo different countries.
Question # 10
The draft having two transvers parallel lines on its face is called.
Question # 11
Which is appointed by govt. to certify the negotiable instrument:
Question # 12
Bills of exchange is a written order which is always
Question # 13
Treasury bill means:
Question # 14
A person who writes the bill is called
Question # 15
Negoitable credit instruemnts includes
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 | Draft drawn and pid in two different parties int he same country is called. |
A. Foreign draft
B. Demand draft
C. Local draft
D. None of these
|
| 2 | An unconditional order of payment by one bank to another bank. |
A. Bill of exchage
B. Promissory note
C. Draft
D. None of these
|
| 3 | Bank draft onece issued can not be. |
A. Honored
B. Dishonored
C. sent
D. Paid
|
| 4 | Retirement of bill means |
A. Payment of bill before due date
B. Dishonoring of bill due to non-payment
C. Protesting of bill
D. Dishonoring of bill due to non-acceptance
|
| 5 | Bank draft is an order |
A. Of court
B. Conditional
C. Unconditional
D. Of government
|
| 6 | Credit instrument drawn by one bank on another bank is called |
A. Cheque
B. Bills of exchange
C. Bank draft
D. Treasury bill
|
| 7 | 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
|
| 8 | The signature of the following is compulsory on B/E: |
A. Bank
B. Drawee
C. Drawer
D. Both (B) & (C)
|
| 9 | Bills of exchange has three: |
A. Owners
B. Parties
C. Shareholders
D. None of the above
|
| 10 | Grace days are given to debtor for the patment of: |
A. Bills of exchange
B. Promissory note
C. Treasury bill
D. Cheque
|
Test Questions