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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
Drawer and payee of inland promissory note belong to
Question # 2
The payment of draft is made on.
Question # 3
How many parties are involved in bank draft.
Question # 4
The document which is used to transfer the deposit from one bank to another is.
Question # 5
An unconditional order of payment by one bank to another bank.
Question # 6
The bills of exchange which is paid after the expiry of fixed period of time called
Question # 7
Grace days are given to debtor for the patment of:
Question # 8
Bills of exchange can be cashed from bank before maturity by:
Question # 9
A bill which can be rediscounted from central bank
Question # 10
Treasury bill is a :
Question # 11
Bill in which drawer belonging to two different countries:
Question # 12
On issuance of bank draft bank gets.
Question # 13
Which is appointed by govt. to certify the negotiable instrument:
Question # 14
The bank branch on whic the draft is drawn is.
Question # 15
The draft whihc is drawn and paid intwo different countries.
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 main characteristics of bank draft. |
A. Written
B. On demand
C. Certain payment
D. All of these
|
| 2 | 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
|
| 3 | 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
|
| 4 | Bills of exchange can be cashed from bank before maturity by: |
A. Overdraft
B. Renewal
C. Discounting
D. None of the above
|
| 5 | A bill which can be rediscounted from central bank |
A. Sight bill
B. Time bill
C. Both a and b
D. None of these
|
| 6 | Promissory note drawn by two or more persons is called |
A. Individual promissory note
B. Joint promissory note
C. Foreign promissory note
D. All of the above
|
| 7 | A person in whose favour the rights of bill are transferred is called |
A. Drawer
B. Payee
C. Endorsee
D. All of the above
|
| 8 | Negoitable credit instruemnts includes |
A. Bank darft
B. Postal order
C. I.O.U
D. Money order
|
| 9 | 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
|
| 10 | Negotiable credit instrument do not include. |
A. Bank draft
B. Cheque
C. Postal orders
D. Treasury bill
|
Test Questions