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Principles of Banking Icom Part 2 English Medium Chapter 11 Online Test
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Total Questions15
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Time Allowed20
Principles of Banking Icom Part 2 English Medium Chapter 11 Online Test
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Question # 1
If the exporter is not the receiver (beneficiary) of money then a letter of credit is called:
Question # 2
Stock certificate is a document issued by
Question # 3
What is the nature of credit instrument IOU
Question # 4
Which letter of credit is issued for a single or particular transaction:
Question # 5
The first stage or step between importer and exporter for the purpose of sale and purchase is:
Question # 6
Which of the following is used to finance the people who want to travel abroad
Question # 7
Which of the following gets facility due to commercial letter of credit:
Question # 8
Which of the following can be cancelled by the issuing bank without the consent of the other parties
Question # 9
Which letter of credit is automatically renewed by fulfilling certain conditions
Question # 10
Which of the following is useful in facilitating trade relation between the businessmen of different countries
Question # 11
What does IOU mean
Question # 12
The important types of banker's letter of credit:
Question # 13
Which of the following is a non-commercial letter of credit
Question # 14
Which type of letter of credit authorized the exporter to obtain an advance before the shipment of goods
Question # 15
The letter of credit which can be endorsed to another person is called:
Matric Part 2/10th Class English Chapter 1 MCQ Test With Answer for Chapter 1 Hazrat Muhammad (S.A.W) an Embodiment of Justice
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Biology Chapter 1 - Answers Mode
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Biology Chapter 1 MCQ - PDF
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Download PDF with answers to study online or offline. The PDF cotnains all MCQ questions with answers for Class 10 Biology Chapter 1 - Acids and Liquids. Total questions are 12.
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