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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
Cheque is a written order drawn on
Question # 2
A cheque which can be cashed by its holder
Question # 3
Safest cheque for making payment is:
Question # 4
Who can endorse the cheque:
Question # 5
The person who accepts the bill of exchang is.
Question # 6
Which type of a bill can be discounted form bank.
Question # 7
Crossing of cheque is cancelled by
Question # 8
When cheque is cashed then its main foil is given to:
Question # 9
Three grace days are given to debtors for payment.
Question # 10
The bill of exchange who's tenor is more than three month is.
Question # 11
Grace days are given to debtors for payment.
Question # 12
The bill of exchange who's tenor is less than three month is.
Question # 13
Who did print the cheque in specific form for the first time or firstly:
Question # 14
The name of the person is written on cheque as:
Question # 15
The person who accept the of billof excange on behalf of drawee 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 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 types of local or home trade are. |
A. Regail trade
B. Wholescale trade
C. Interport
D. Both a and b
|
| 2 | On every cheque bank gets |
A. Profit
B. Commission
C. Tax
D. Duty
|
| 3 | Cheque is a credit instrument which is |
A. Negotiable
B. Conditionally negotiable
C. Non negotiable
D. None of the above
|
| 4 | The person who endorse the bill of exchange in called. |
A. Endorser
B. Trustee
C. Enddorser
D. Drawee
|
| 5 | The person who draws the bill is called. |
A. Debtor
B. Drawee
C. Drawer
D. Acceptor
|
| 6 | Endorsment of a cheque is always: |
A. Written
B. Oral
C. Written and registered
D. All of the above
|
| 7 | 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
|
| 8 | Bill of exchange is written order whihc is always. |
A. Unconditional
B. conditional
C. Compulsory
D. None ofthese
|
| 9 | Cheque is a written order of customer to: |
A. keep the amount
B. Transfer the amount
C. Pay the amount
D. Recieve the amount
|
| 10 | 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
|
Test Questions