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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 main content sof bank draft.
Question # 2
The main characteristics of bank draft.
Question # 3
Bills of exchange is
Question # 4
In case of bank draft the drawer is.
Question # 5
The draft having two transvers parallel lines on its face is called.
Question # 6
Negotiable credit instrument do not include.
Question # 7
Bill in which drawer belonging to two different countries:
Question # 8
Credit instrument drawn by one bank on another bank is called
Question # 9
Endorser of promissory note is a :
Question # 10
Bills of exchange can be cashed from bank before maturity by:
Question # 11
The draft whihc is drawn and paid intwo different countries.
Question # 12
The bank branch on whic the draft is drawn is.
Question # 13
A person who writes the bill is called
Question # 14
Draft drawn and pid in two different parties int he same country is called.
Question # 15
The payment of draft is made on.
ICOM Part 2 English Medium Principles of Banking Chapter 10 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 | The draft having two transvers parallel lines on its face is called. |
A. Order bank draft
B. Crossed bank draft
C. Transvverse draft
D. All of these
|
| 2 | 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
|
| 3 | Treasury bill means: |
A. Amount of government
B. Evidence of governments debt
C. Promise of government to pay
D. None of the above
|
| 4 | Bank draft is an order |
A. Of court
B. Conditional
C. Unconditional
D. Of government
|
| 5 | How many parties are involved in bank draft. |
A. Four
B. Three
C. Two
D. None of these
|
| 6 | An unconditional order of payment by one bank to another bank. |
A. Bill of exchage
B. Promissory note
C. Draft
D. None of these
|
| 7 | On issuance of bank draft bank gets. |
A. Tax
B. Commission
C. Profit
D. Duty
|
| 8 | The main content sof bank draft. |
A. bank branch
B. Payee
C. Date
D. All of these
|
| 9 | The payment of draft is made on. |
A. Sight
B. Demand
C. By psot
D. Phone call
|
| 10 | 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
|
Test Questions
