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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
Credit instrument drawn by one bank on another bank is called
Question # 2
Endorser of promissory note is a :
Question # 3
Negoitable credit instruemnts includes
Question # 4
Retirement of bill means
Question # 5
In case of bank draft the drawer is.
Question # 6
Bank draft is always in the form of.
Question # 7
Draft drawn and pid in two different parties int he same country is called.
Question # 8
The main characteristics of bank draft.
Question # 9
How many parties are involved in bank draft.
Question # 10
Bank draft onece issued can not be.
Question # 11
The various kind of bank draft includes.
Question # 12
Draft Drawn and paid in two differnet countries is called.
Question # 13
Drawee fo bills of exchange is a person
Question # 14
The draft which is drawn and paid in two different countries.
Question # 15
Drawee of bank draft is.
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 | Bank draft onece issued can not be. |
A. Honored
B. Dishonored
C. sent
D. Paid
|
| 2 | Credit instrument drawn by one bank on another bank is called |
A. Cheque
B. Bills of exchange
C. Bank draft
D. Treasury bill
|
| 3 | Grace days are given to debtor for the patment of: |
A. Bills of exchange
B. Promissory note
C. Treasury bill
D. Cheque
|
| 4 | Drawee fo bills of exchange is a person |
A. Who receives the amount of bill
B. On whom the bill is drawn
C. Who accepts the bill
D. In whose favour the bill is transferred
|
| 5 | 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
|
| 6 | Treasury bill is a : |
A. Negotiable credit instrument
B. Non-negotiable credit instrument
C. Debentures
D. Shares
|
| 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 | In case of bank draft the drawer is. |
A. Debtor
B. Creditor
C. Bank
D. Account holder
|
| 9 | The draft which is drawn and paid in two different countries. |
A. Inland draft
B. Ordered draft
C. Foreign draft
D. Home draft
|
| 10 | A person who writes the bill is called |
A. Drawee
B. Drawer
C. Payee
D. Acceptor
|
Test Questions