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ICOM Part 2 English Medium Principles of Banking Chapter 9 MCQ's Test
Start Chapter 9 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 9 Online Test"
Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 9 Online Test"
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Total Questions15
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Time Allowed20
Principles of Banking Icom Part 2 English Medium Chapter 9 Online Test
00:00
Question # 1
The bill of exchange who's tenor is more than three month is.
Question # 2
Collateral parties in bill of exchange are.
Question # 3
Endorsment of a cheque is always:
Question # 4
The type of Foreign or international trade are.
Question # 5
Who did print the cheque in specific form for the first time or firstly:
Question # 6
Grace days are given to debtors for payment.
Question # 7
The types of local or home trade are.
Question # 8
Drawer and drawee belongs to same country.
Question # 9
What is written on the leaf of a cheque about customer
Question # 10
Cheque is always crossed by
Question # 11
Which type of a bill can be discounted form bank.
Question # 12
The bill of exchange who's tenor is less than three month is.
Question # 13
The acceptance of bill without some condition is called.
Question # 14
The person who accept the of billof excange on behalf of drawee is called.
Question # 15
The person who draws the bill is called.
ICOM Part 2 English Medium Principles of Banking Chapter 9 MCQ's Test
Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 9 Online Test" MCQ`s Test
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H HASEEB Ali 02 - Mar - 2024 00 Min 07 Sec 15/15 -
H Hassan Abid 22 - Jun - 2022 01 Min 42 Sec 15/15 -
S Saad 17 - Jul - 2021 02 Min 01 Sec 15/15 -
M Muhammad Rafay 17 - Jul - 2021 02 Min 06 Sec 15/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The person is whose favor thebill is endorsed is. |
A. Endorsee
B. Endorser
C. Debtor
D. Acceptor
|
| 2 | Bank pays money at its counter for: |
A. Bearer cheque
B. Order cheque
C. Both (A) & (B)
D. Crossed cheque
|
| 3 | Which type of a bill can be discounted form bank. |
A. Sight bill
B. Time bill
C. Dishonored bill
D. Unaccepted bill
|
| 4 | Payment of sight bill is made on. |
A. Demad
B. Fixed period
C. Expiry
D. Presentation
|
| 5 | Cheque is always crossed by |
A. Drawer
B. Drawee
C. Holder
D. All of the above
|
| 6 | Crossing of cheque is cancelled by |
A. Drawer
B. Drawee
C. Holder
D. All of the above
|
| 7 | The name of the person is written on cheque as: |
A. Drawer
B. Drawee
C. Payee
D. None of these
|
| 8 | In case of negotiable instruments, the rights can: |
A. Be tranferred
B. Not be transferred
C. Be conditionally transferred
D. All of the above
|
| 9 | The bill whihc is payable on its presentation is called. |
A. Sight bill
B. Time bill
C. Trade bill
D. Accommodation bill
|
| 10 | Bill of exchange doesn't involved trade dealing. |
A. Trade bill
B. Accommodation bill
C. Both a and b
D. None of these
|
Test Questions