12th class Principle of Banking chapter 10 online mcq test with answers for ICom part 2 Principle of Banking Chapter 10 (Negotiable Instruments (II))

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

Sr.#	Question	Answer
1	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
2	Draft Drawn and paid in two differnet countries is called.	A. Foreign draft B. Demand draft C. Local draft D. None of these
3	Drawer and payee of inland promissory note belong to	A. Same country B. Different countries C. Different cities D. None of the above
4	Bills of exchange is a written order which is always	A. Conditional B. Unconditional C. Partially conditional D. All of the above
5	Bank draft is an order	A. Of court B. Conditional C. Unconditional D. Of government
6	Retirement of bill means	A. Payment of bill before due date B. Dishonoring of bill due to non-payment C. Protesting of bill D. Dishonoring of bill due to non-acceptance
7	In case of bank draft the drawer is.	A. Debtor B. Creditor C. Bank D. Account holder
8	Treasury bill means:	A. Amount of government B. Evidence of governments debt C. Promise of government to pay D. None of the above
9	The main content sof bank draft.	A. bank branch B. Payee C. Date D. All of these
10	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