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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
The bills of exchange which is paid after the expiry of fixed period of time called
Question # 2
The main characteristics of bank draft.
Question # 3
Drawee of bank draft is.
Question # 4
Draft Drawn and paid in two differnet countries is called.
Question # 5
Written instrument by one bank to another bank.
Question # 6
Negoitable credit instruemnts includes
Question # 7
Draft drawn and pid in two different parties int he same country is called.
Question # 8
A person in whose favour the rights of bill are transferred is called
Question # 9
The payment of draft is made on.
Question # 10
Promissory note means a:
Question # 11
Which is appointed by govt. to certify the negotiable instrument:
Question # 12
Drawer and payee of inland promissory note belong to
Question # 13
Treasury bill means:
Question # 14
Bill which is drawn without any trade transcation
Question # 15
Drawee fo bills of exchange is a person
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 bank branch on whic the draft is drawn is. |
A. Drawer
B. Payee
C. Drawee
D. None of these
|
| 2 | The main characteristics of bank draft. |
A. Written
B. On demand
C. Certain payment
D. All of these
|
| 3 | Treasury bill is a : |
A. Negotiable credit instrument
B. Non-negotiable credit instrument
C. Debentures
D. Shares
|
| 4 | The draft whihc is drawn and paid intwo different countries. |
A. Inland draft
B. Ordered draft
C. Foreign draft
D. Home draft
|
| 5 | In case of bank draft the drawer is. |
A. Debtor
B. Creditor
C. Bank
D. Account holder
|
| 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 | Bills of exchange is a written order which is always |
A. Conditional
B. Unconditional
C. Partially conditional
D. All of the above
|
| 8 | Drawer and payee of inland promissory note belong to |
A. Same country
B. Different countries
C. Different cities
D. None of the above
|
| 9 | On issuance of bank draft bank gets. |
A. Tax
B. Commission
C. Profit
D. Duty
|
| 10 | Written instrument by one bank to another bank. |
A. Bill of exchange
B. Draft
C. Bearer cheque
D. None of these
|
Test Questions