12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 9 (Negotiable instruments (I))

ICOM Part 2 English Medium Principles of Banking Chapter 9 MCQ's Test

Start Chapter 9 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"

  • Total Questions15

  • 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

Payment of sight bill is made on.

Question # 3

Payee has no give his identification to bank for receiving the amount of:

Question # 4

Term dishonoring of cheque is used when

Question # 5

Crossing which contains the name of a particular bank is called

Question # 6

When cheque is cashed then its main foil is given to:

Question # 7

The person who accept the of billof excange on behalf of drawee is called.

Question # 8

Grace days are given to debtors for payment.

Question # 9

The person who endorse the bill of exchange in called.

Question # 10

On every cheque bank gets

Question # 11

A cheque which can be cashed by its holder

Question # 12

The acceptance of bill with some conditionis called.

Question # 13

Drawer and drawee belongs to same country.

Question # 14

Who did print the cheque in specific form for the first time or firstly:

Question # 15

The name of the person is written on cheque as:

Prepare Complete Set Wise Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 9 Online Test" MCQs Online With Answers


Topic Test

00:00

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

  • 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
  • A
    ADNAN 17 - Jul - 2021 02 Min 39 Sec 15/15
  • K
    KHALIL UR REHAMAN 13 - Aug - 2022 03 Min 01 Sec 15/15
  • A
    Adeel 17 - Jul - 2021 10 Min 50 Sec 15/15
  • A
    ameer 13 - Jul - 2021 10 Min 50 Sec 15/15
  • B
    Baal 16 - Jul - 2021 01 Min 08 Sec 14/15
  • S
    Shehryar iqbal 16 - Jul - 2021 01 Min 50 Sec 14/15
  • K
    KHALIL UR REHAMAN 13 - Aug - 2022 02 Min 14 Sec 14/15
  • A
    Ahmed shujah 16 - Jul - 2021 02 Min 14 Sec 14/15
  • Y
    Yggygygyb 17 - Jul - 2021 02 Min 49 Sec 14/15
  • T
    Teiyr 11 - Nov - 2025 02 Min 54 Sec 14/15
  • U
    Ummayy Kalsoom 17 - Apr - 2022 04 Min 04 Sec 14/15

ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 In case of non-negotiable instruments, the rights can:
A. Be tranferred
B. Not be transferred
C. Be conditionally transferred
D. All of the above
2 Who did print the cheque in specific form for the first time or firstly:
A. Imperial Bank
B. Bank of England
C. State Bank of Pakistan
D. None of the above
3 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
4 Cheque signed by drawer without filling is called
A. Plain
B. Blank
C. Open
D. Traveller's cheque
5 Grace days are given to debtors for payment.
A. 3 days
B. 4 days
C. 5 days
D. 6 days
6 What is written on the leaf of a cheque about customer
A. Name
B. Address
C. Telephone number
D. Account number
7 Cheque is a credit instrument which is
A. Negotiable
B. Conditionally negotiable
C. Non negotiable
D. None of the above
8 The acceptance of bill without some condition is called.
A. Dishonor acceptance
B. Documentary acceptance
C. Qualified acceptance
D. General acceptance
9 The person is whose favor thebill is endorsed is.
A. Endorsee
B. Endorser
C. Debtor
D. Acceptor
10 Bank or incomplete bill is called.
A. Foreign bill
B. Local bill
C. Short bill
D. Dishonored bill

Test Questions

Is this page helpful?