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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
Endorsee of cheque is a person
Question # 2
Cheque is a credit instrument which is
Question # 3
In case of non-negotiable instruments, the rights can:
Question # 4
Amount of crossed cheque is recieved:
Question # 5
The bill of exchange who's tenor is less than three month is.
Question # 6
The person who accepts the bill of exchang is.
Question # 7
Official empowered by theGovt. attest the negotiable instruments by his seal.
Question # 8
Grace days are given to debtors for payment.
Question # 9
Which type of a bill can be discounted form bank.
Question # 10
Crossing which contains the name of a particular bank is called
Question # 11
Endorsment of a cheque is always:
Question # 12
If drawer of cheque is a payee himself then what word is written after the word pay:
Question # 13
The name of the person is written on cheque as:
Question # 14
The person in whose favour the rights of recieving the amount of cheque transferred:
Question # 15
A cheque which can be cashed by its holder
ICOM Part 2 English Medium Principles of Banking Chapter 9 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 person who accepts the bill of exchang is. |
A. Debtor
B. Drawer
C. Payee
D. None of these
|
| 2 | The person who draws the bill is called. |
A. Debtor
B. Drawee
C. Drawer
D. Acceptor
|
| 3 | Bank or incomplete bill is called. |
A. Foreign bill
B. Local bill
C. Short bill
D. Dishonored bill
|
| 4 | Term "or oreder" is written in order cheque after: |
A. Drawer's name
B. Payee's name
C. Customer's name
D. Endorsee's name
|
| 5 | Amount of crossed cheque is recieved: |
A. From bank's counter
B. Issueing new cheque
C. From bank's manager
D. None of the above
|
| 6 | Cheque signed by drawer without filling is called |
A. Plain
B. Blank
C. Open
D. Traveller's cheque
|
| 7 | The person who will receive the amount of bill of exchange is. |
A. Debtor
B. Payee
C. Drawee
D. Acceptor
|
| 8 | Main parties in bill of exchang are. |
A. Three
B. Two
C. Four
D. Five
|
| 9 | In case of negotiable instruments, the rights can: |
A. Be tranferred
B. Not be transferred
C. Be conditionally transferred
D. All of the above
|
| 10 | The name of the person is written on cheque as: |
A. Drawer
B. Drawee
C. Payee
D. None of these
|
Test Questions