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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
Promissory note means a:
Question # 2
Written instrument by one bank to another bank.
Question # 3
Treasury bill means:
Question # 4
The draft which is drawn and paid in two different countries.
Question # 5
The payment of draft is made on.
Question # 6
The various kind of bank draft includes.
Question # 7
How many parties are involved in bank draft.
Question # 8
Bills of exchange is
Question # 9
The main content sof bank draft.
Question # 10
A person in whose favour the rights of bill are transferred is called
Question # 11
Draft Drawn and paid in two differnet countries is called.
Question # 12
Bills of exchange has three:
Question # 13
The draft whihc is drawn and paid intwo different countries.
Question # 14
Bank draft is always in the form of.
Question # 15
Main parties of promissory note are
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 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
|
| 2 | Main parties of promissory note are |
A. One
B. Two
C. Three
D. Four
|
| 3 | Drawer and payee of inland promissory note belong to |
A. Same country
B. Different countries
C. Different cities
D. None of the above
|
| 4 | Promissory note means a: |
A. Promise to pay fixed amount on fixed date
B. Promise to pay currency notes on fixed date
C. Promise to pay goods on fixed date
D. All of the above
|
| 5 | Drawee of bank draft is. |
A. Creditor
B. Debtor
C. Issuing bank
D. Paying bank
|
| 6 | Bills of exchange can be cashed from bank before maturity by: |
A. Overdraft
B. Renewal
C. Discounting
D. None of the above
|
| 7 | Negoitable credit instruemnts includes |
A. Bank darft
B. Postal order
C. I.O.U
D. Money order
|
| 8 | Credit instrument drawn by one bank on another bank is called |
A. Cheque
B. Bills of exchange
C. Bank draft
D. Treasury bill
|
| 9 | The bank branch on whic the draft is drawn is. |
A. Drawer
B. Payee
C. Drawee
D. None of these
|
| 10 | Bills of exchange has three: |
A. Owners
B. Parties
C. Shareholders
D. None of the above
|
Test Questions