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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
Retirement of bill means
Question # 2
The bank branch on whic the draft is drawn is.
Question # 3
Drawer and payee of inland promissory note belong to
Question # 4
Bank draft is a credit instrument.
Question # 5
On issuance of bank draft bank gets.
Question # 6
Treasury bill means:
Question # 7
Written instrument by one bank to another bank.
Question # 8
Bills of exchange has three:
Question # 9
The main content sof bank draft.
Question # 10
Draft Drawn and paid in two differnet countries is called.
Question # 11
An unconditional order of payment by one bank to another bank.
Question # 12
A person who writes the bill is called
Question # 13
Bills of exchange can be cashed from bank before maturity by:
Question # 14
Drawee of bank draft is.
Question # 15
A person in whose favour the rights of bill are transferred is called
ICOM Part 2 English Medium Principles of Banking Chapter 10 MCQ's Test
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M Mubashira 09 - Jul - 2021 00 Min 05 Sec 15/15 -
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A ADNAN 17 - Jul - 2021 01 Min 52 Sec 15/15 -
M Muhammad Rafay 16 - Jul - 2021 01 Min 58 Sec 15/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Bank draft onece issued can not be. |
A. Honored
B. Dishonored
C. sent
D. Paid
|
| 2 | Drawee of bank draft is. |
A. Creditor
B. Debtor
C. Issuing bank
D. Paying bank
|
| 3 | 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
|
| 4 | In case of bank draft the drawer is. |
A. Debtor
B. Creditor
C. Bank
D. Account holder
|
| 5 | Negotiable credit instrument do not include. |
A. Bank draft
B. Cheque
C. Postal orders
D. Treasury bill
|
| 6 | Draft Drawn and paid in two differnet countries is called. |
A. Foreign draft
B. Demand draft
C. Local draft
D. None of these
|
| 7 | On issuance of bank draft bank gets. |
A. Tax
B. Commission
C. Profit
D. Duty
|
| 8 | Bank draft is always in the form of. |
A. Hand written
B. Printed
C. Stamp paper
D. None of these
|
| 9 | Bills of exchange has three: |
A. Owners
B. Parties
C. Shareholders
D. None of the above
|
| 10 | Written instrument by one bank to another bank. |
A. Bill of exchange
B. Draft
C. Bearer cheque
D. None of these
|
Test Questions