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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 bills of exchange which is paid after the expiry of fixed period of time called
Question # 2
Grace days are given to debtor for the patment of:
Question # 3
Negoitable credit instruemnts includes
Question # 4
Written instrument by one bank to another bank.
Question # 5
The payment of draft is made on.
Question # 6
How many parties are involved in bank draft.
Question # 7
Bills of exchange is a negotiable instrument which contains
Question # 8
Endorser of promissory note is a :
Question # 9
Bills of exchange is
Question # 10
The draft which is drawn and paid in two different countries.
Question # 11
Bank draft onece issued can not be.
Question # 12
The bank branch on whic the draft is drawn is.
Question # 13
The main content sof bank draft.
Question # 14
Bills of exchange is a written order which is always
Question # 15
Draft Drawn and paid in two differnet countries is called.
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 | The payment of draft is made on. |
A. Sight
B. Demand
C. By psot
D. Phone call
|
| 3 | An unconditional order of payment by one bank to another bank. |
A. Bill of exchage
B. Promissory note
C. Draft
D. None of these
|
| 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 | Bills of exchange is a negotiable instrument which contains |
A. A written order
B. Conditional written order
C. Unconditional written order
D. None of the above
|
| 6 | A person who writes the bill is called |
A. Drawee
B. Drawer
C. Payee
D. Acceptor
|
| 7 | In case of bank draft the drawer is. |
A. Debtor
B. Creditor
C. Bank
D. Account holder
|
| 8 | The main content sof bank draft. |
A. bank branch
B. Payee
C. Date
D. All of these
|
| 9 | Negoitable credit instruemnts includes |
A. Bank darft
B. Postal order
C. I.O.U
D. Money order
|
| 10 | The various kind of bank draft includes. |
A. Inland draft
B. Crossed bank draft
C. Foreign draft
D. All of these
|
Test Questions
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