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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
The main characteristics of bank draft.
Question # 3
The bills of exchange which is paid after the expiry of fixed period of time called
Question # 4
Promissory note means a:
Question # 5
The document which is used to transfer the deposit from one bank to another is.
Question # 6
The draft having two transvers parallel lines on its face is called.
Question # 7
Endorser of promissory note is a :
Question # 8
Drawer and payee of inland promissory note belong to
Question # 9
Draft drawn and pid in two different parties int he same country is called.
Question # 10
Bank draft is an order
Question # 11
Bill in which drawer belonging to two different countries:
Question # 12
In case of bank draft the drawer is.
Question # 13
Bills of exchange can be cashed from bank before maturity by:
Question # 14
The various kind of bank draft includes.
Question # 15
On issuance of bank draft bank gets.
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 | Written instrument by one bank to another bank. |
A. Bill of exchange
B. Draft
C. Bearer cheque
D. None of these
|
| 2 | 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
|
| 3 | The main characteristics of bank draft. |
A. Written
B. On demand
C. Certain payment
D. All of these
|
| 4 | Credit instrument drawn by one bank on another bank is called |
A. Cheque
B. Bills of exchange
C. Bank draft
D. Treasury bill
|
| 5 | Bills of exchange has three: |
A. Owners
B. Parties
C. Shareholders
D. None of the above
|
| 6 | Grace days are given to debtor for the patment of: |
A. Bills of exchange
B. Promissory note
C. Treasury bill
D. Cheque
|
| 7 | 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
|
| 8 | A person who writes the bill is called |
A. Drawee
B. Drawer
C. Payee
D. Acceptor
|
| 9 | 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
|
| 10 | Drawee of bank draft is. |
A. Creditor
B. Debtor
C. Issuing bank
D. Paying bank
|
Test Questions
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