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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
On issuance of bank draft bank gets.
Question # 3
The draft whihc is drawn and paid intwo different countries.
Question # 4
Bill which is drawn without any trade transcation
Question # 5
Bank draft is an order
Question # 6
Bank draft onece issued can not be.
Question # 7
The draft having two transvers parallel lines on its face is called.
Question # 8
Promissory note means a:
Question # 9
Bills of exchange can be cashed from bank before maturity by:
Question # 10
Draft Drawn and paid in two differnet countries is called.
Question # 11
Drawee fo bills of exchange is a person
Question # 12
Draft drawn and pid in two different parties int he same country is called.
Question # 13
Bills of exchange is a negotiable instrument which contains
Question # 14
Bills of exchange has three:
Question # 15
The various kind of bank draft 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 | A person who writes the bill is called |
A. Drawee
B. Drawer
C. Payee
D. Acceptor
|
| 2 | Treasury bill is a : |
A. Negotiable credit instrument
B. Non-negotiable credit instrument
C. Debentures
D. Shares
|
| 3 | Grace days are given to debtor for the patment of: |
A. Bills of exchange
B. Promissory note
C. Treasury bill
D. Cheque
|
| 4 | The signature of the following is compulsory on B/E: |
A. Bank
B. Drawee
C. Drawer
D. Both (B) & (C)
|
| 5 | Bills of exchange is a written order which is always |
A. Conditional
B. Unconditional
C. Partially conditional
D. All of the above
|
| 6 | 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
|
| 7 | 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
|
| 8 | Bills of exchange has three: |
A. Owners
B. Parties
C. Shareholders
D. None of the above
|
| 9 | Drawee of the bank draft is a |
A. Bank which issues a draft
B. Bank on which the draft is drawn
C. Payee of draft
D. Sender of amount by draft
|
| 10 | 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
|
Test Questions