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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 person is whose favor thebill is endorsed is.
Question # 2
Three grace days are given to debtors for payment.
Question # 3
Term dishonoring of cheque is used when
Question # 4
Collateral parties in bill of exchange are.
Question # 5
Safest cheque for making payment is:
Question # 6
Bill of exchange is written order whihc is always.
Question # 7
If drawer of cheque is a payee himself then what word is written after the word pay:
Question # 8
When cheque is cashed then its main foil is given to:
Question # 9
The type of Foreign or international trade are.
Question # 10
Amount of crossed cheque is recieved:
Question # 11
Payment of sight bill is made on.
Question # 12
Cheque signed by drawer without filling is called
Question # 13
Inland sight bill of exchange is usually used in.
Question # 14
Cheque is always crossed by
Question # 15
Drawer and Drawee belongs to two diffrent cities.
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 | Cheque is a credit instrument which is |
A. Negotiable
B. Conditionally negotiable
C. Non negotiable
D. None 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 | Grace days are given to debtors for payment. |
A. 3 days
B. 4 days
C. 5 days
D. 6 days
|
| 4 | 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
|
| 5 | A cheque which cannot be cashed at bank's counter |
A. Bearer
B. Order
C. Crossed
D. None of the above
|
| 6 | Who is called a drawee of cheque |
A. Payee
B. Bank
C. Customer
D. Endorsee
|
| 7 | What is written on the leaf of a cheque about customer |
A. Name
B. Address
C. Telephone number
D. Account number
|
| 8 | 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
|
| 9 | Safest cheque for making payment is: |
A. Crossed cheque
B. Order cheque
C. Bearer cheque
D. All of the above
|
| 10 | Cheque is always crossed by |
A. Drawer
B. Drawee
C. Holder
D. All of the above
|
Test Questions
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