12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 10 (Negotiable Instruments (II))

ICOM Part 2 English Medium Principles of Banking Chapter 10 MCQ's Test

Start Chapter 10 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"

  • Total Questions15

  • Time Allowed20

Principles of Banking Icom Part 2 English Medium Chapter 10 Online Test

00:00
Question # 1

Bill in which drawer belonging to two different countries:

Question # 2

Drawer and payee of inland promissory note belong to

Question # 3

Main parties of promissory note are

Question # 4

The document which is used to transfer the deposit from one bank to another is.

Question # 5

The main content sof bank draft.

Question # 6

Which is appointed by govt. to certify the negotiable instrument:

Question # 7

A bill which can be rediscounted from central bank

Question # 8

The main characteristics of bank draft.

Question # 9

Drawee of the bank draft is a

Question # 10

Draft Drawn and paid in two differnet countries is called.

Question # 11

Treasury bill means:

Question # 12

Written instrument by one bank to another bank.

Question # 13

Treasury bill is a :

Question # 14

On issuance of bank draft bank gets.

Question # 15

The bills of exchange which is paid after the expiry of fixed period of time called

Prepare Complete Set Wise Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 10 Online Test" MCQs Online With Answers


Topic Test

00:00

ICOM Part 2 English Medium Principles of Banking Chapter 10 MCQ's Test

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 10 Online Test" MCQ`s Test

  • M
    Mubashira 09 - Jul - 2021 00 Min 05 Sec 15/15
  • S
    Sidra 12 - Jul - 2021 00 Min 56 Sec 15/15
  • A
    ADNAN 17 - Jul - 2021 01 Min 52 Sec 15/15
  • M
    Muhammad Rafay 16 - Jul - 2021 01 Min 58 Sec 15/15
  • A
    Ahmed shujah 16 - Jul - 2021 02 Min 15 Sec 15/15
  • T
    Teiyr 11 - Nov - 2025 02 Min 40 Sec 15/15
  • R
    Raziel 13 - Jul - 2021 01 Min 24 Sec 14/15
  • H
    Hassan Abid 22 - Jun - 2022 01 Min 41 Sec 14/15
  • Z
    Zeshan 10 - Jul - 2021 02 Min 19 Sec 14/15
  • H
    Hinan 12 - Jul - 2021 02 Min 34 Sec 14/15
  • A
    Anees 09 - Jul - 2021 03 Min 09 Sec 14/15
  • A
    ALI AZAM 09 - Jul - 2021 01 Min 20 Sec 13/15
  • N
    Noor 10 - Jul - 2021 01 Min 27 Sec 13/15
  • K
    KHALIL UR REHAMAN 13 - Aug - 2022 01 Min 47 Sec 13/15
  • Y
    Yggygygyb 17 - Jul - 2021 01 Min 58 Sec 13/15
Sr.# Question Answer
1 Bills of exchange is
A. An order to pay
B. A request to pay
C. A promise to pay
D. All of the above
2 Negotiable credit instrument do not include.
A. Bank draft
B. Cheque
C. Postal orders
D. Treasury bill
3 The bills of exchange which is paid after the expiry of fixed period of time called
A. Accommodation bill
B. Sight bill
C. Time bill
D. All of the above
4 A person who writes the bill is called
A. Drawee
B. Drawer
C. Payee
D. Acceptor
5 Drawee of bank draft is.
A. Creditor
B. Debtor
C. Issuing bank
D. Paying bank
6 Bank draft is an order
A. Of court
B. Conditional
C. Unconditional
D. Of government
7 Treasury bill is a :
A. Negotiable credit instrument
B. Non-negotiable credit instrument
C. Debentures
D. Shares
8 Bills of exchange is a written order which is always
A. Conditional
B. Unconditional
C. Partially conditional
D. All of the above
9 The draft whihc is drawn and paid intwo different countries.
A. Inland draft
B. Ordered draft
C. Foreign draft
D. Home draft
10 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

Test Questions

Is this page helpful?