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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
Bills of exchange has three:
Question # 2
On issuance of bank draft bank gets.
Question # 3
Bills of exchange is
Question # 4
The various kind of bank draft includes.
Question # 5
The bank branch on whic the draft is drawn is.
Question # 6
Bank draft onece issued can not be.
Question # 7
A bill which can be rediscounted from central bank
Question # 8
Bank draft is always in the form of.
Question # 9
Drawee of the bank draft is a
Question # 10
Bills of exchange is a written order which is always
Question # 11
Credit instrument drawn by one bank on another bank is called
Question # 12
Treasury bill is a :
Question # 13
The draft which is drawn and paid in two different countries.
Question # 14
Grace days are given to debtor for the patment of:
Question # 15
The signature of the following is compulsory on B/E:
ICOM Part 2 English Medium Principles of Banking Chapter 10 MCQ's Test
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| Sr.# | Question | Answer |
|---|---|---|
| 1 | The payment of draft is made on. |
A. Sight
B. Demand
C. By psot
D. Phone call
|
| 2 | In case of bank draft the drawer is. |
A. Debtor
B. Creditor
C. Bank
D. Account holder
|
| 3 | Drawee of bank draft is. |
A. Creditor
B. Debtor
C. Issuing bank
D. Paying bank
|
| 4 | Written instrument by one bank to another bank. |
A. Bill of exchange
B. Draft
C. Bearer cheque
D. None of these
|
| 5 | Which is appointed by govt. to certify the negotiable instrument: |
A. Private attorney
B. Public attorney
C. Notary public
D. Giazetted Officer
|
| 6 | The various kind of bank draft includes. |
A. Inland draft
B. Crossed bank draft
C. Foreign draft
D. All of these
|
| 7 | Negoitable credit instruemnts includes |
A. Bank darft
B. Postal order
C. I.O.U
D. Money order
|
| 8 | Bank draft is an order |
A. Of court
B. Conditional
C. Unconditional
D. Of government
|
| 9 | 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
|
| 10 | A person who writes the bill is called |
A. Drawee
B. Drawer
C. Payee
D. Acceptor
|
| 11 | Bill in which drawer belonging to two different countries: |
A. Inland bill
B. Foreign bill
C. Accommodation bill
D. None of the above
|
| 12 | Treasury bill means: |
A. Amount of government
B. Evidence of governments debt
C. Promise of government to pay
D. None of the above
|
| 13 | Bills of exchange is |
A. An order to pay
B. A request to pay
C. A promise to pay
D. All of the above
|
| 14 | Treasury bill is a : |
A. Negotiable credit instrument
B. Non-negotiable credit instrument
C. Debentures
D. Shares
|
| 15 | The main content sof bank draft. |
A. bank branch
B. Payee
C. Date
D. All of these
|
Test Questions
