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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
An unconditional order of payment by one bank to another bank.
Question # 2
Draft Drawn and paid in two differnet countries is called.
Question # 3
Promissory note means a:
Question # 4
Endorser of promissory note is a :
Question # 5
Drawer and payee of inland promissory note belong to
Question # 6
Promissory note drawn by two or more persons is called
Question # 7
Bills of exchange is
Question # 8
The document which is used to transfer the deposit from one bank to another is.
Question # 9
Bank draft onece issued can not be.
Question # 10
The bank branch on whic the draft is drawn is.
Question # 11
Bank draft is always in the form of.
Question # 12
The signature of the following is compulsory on B/E:
Question # 13
Bill in which drawer belonging to two different countries:
Question # 14
Drawee of the bank draft is a
Question # 15
A person who writes the bill is called
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 | How many parties are involved in bank draft. |
A. Four
B. Three
C. Two
D. None of these
|
| 2 | Negoitable credit instruemnts includes |
A. Bank darft
B. Postal order
C. I.O.U
D. Money order
|
| 3 | Written instrument by one bank to another bank. |
A. Bill of exchange
B. Draft
C. Bearer cheque
D. None of these
|
| 4 | 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
|
| 5 | On issuance of bank draft bank gets. |
A. Tax
B. Commission
C. Profit
D. Duty
|
| 6 | The various kind of bank draft includes. |
A. Inland draft
B. Crossed bank draft
C. Foreign draft
D. All of these
|
| 7 | The main characteristics of bank draft. |
A. Written
B. On demand
C. Certain payment
D. All of these
|
| 8 | Bills of exchange can be cashed from bank before maturity by: |
A. Overdraft
B. Renewal
C. Discounting
D. None of the above
|
| 9 | Draft drawn and pid in two different parties int he same country is called. |
A. Foreign draft
B. Demand draft
C. Local draft
D. None of these
|
| 10 | A person who writes the bill is called |
A. Drawee
B. Drawer
C. Payee
D. Acceptor
|
Test Questions
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