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

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MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 9 Online Test"

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Principles of Banking Icom Part 2 English Medium Chapter 9 Online Test

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Question # 1

Who is called a drawee of cheque

Question # 2

Official empowered by theGovt. attest the negotiable instruments by his seal.

Question # 3

The type of Foreign or international trade are.

Question # 4

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

Question # 5

In case of negotiable instruments, the rights can:

Question # 6

Who can endorse the cheque:

Question # 7

Cheque is always crossed by

Question # 8

A cheque which can be cashed by its holder

Question # 9

Bill of exchange is written order whihc is always.

Question # 10

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

Question # 11

Bank pays money at its counter for:

Question # 12

Grace days are given to debtors for payment.

Question # 13

The person who draws the bill is called.

Question # 14

The person in whose favour the rights of recieving the amount of cheque transferred:

Question # 15

Three grace days are given to debtors for payment.

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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 What is written on the leaf of a cheque about customer
A. Name
B. Address
C. Telephone number
D. Account number
2 The bill of exchange who's tenor is less than three month is.
A. Long bill of exchange
B. Foreign bill of exchange
C. Short bill of exchange
D. Sight bill of exchange
3 Drawer and drawee belongs to same country.
A. Domestic bill
B. Foregin bill
C. Trade bill
D. Accommodation bill
4 The person is whose favor thebill is endorsed is.
A. Endorsee
B. Endorser
C. Debtor
D. Acceptor
5 A cheque which cannot be cashed at bank's counter
A. Bearer
B. Order
C. Crossed
D. None of the above
6 Main parties in bill of exchang are.
A. Three
B. Two
C. Four
D. Five
7 Bill of exchange doesn't involved trade dealing.
A. Trade bill
B. Accommodation bill
C. Both a and b
D. None of these
8 Who can endorse the cheque:
A. Holder of cheque
B. Drawer of cheque
C. Both A & B
D. None of these
9 The person who will receive the amount of bill of exchange is.
A. Debtor
B. Payee
C. Drawee
D. Acceptor
10 Payment of sight bill is made on.
A. Demad
B. Fixed period
C. Expiry
D. Presentation

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