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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 bill of exchange who's tenor is more than three month is.
Question # 2
Term dishonoring of cheque is used when
Question # 3
The type of Foreign or international trade are.
Question # 4
Drawer and drawee belongs to same country.
Question # 5
What is written on the leaf of a cheque about customer
Question # 6
The person who draws the bill is called.
Question # 7
The acceptance of bill without some condition is called.
Question # 8
Term "or oreder" is written in order cheque after:
Question # 9
When cheque is cashed then its main foil is given to:
Question # 10
Three grace days are given to debtors for payment.
Question # 11
Who is called a drawee of cheque
Question # 12
Amount of crossed cheque is recieved:
Question # 13
Person who recieves the amount of cheque from bank is called:
Question # 14
The types of local or home trade are.
Question # 15
Endorsment of a cheque is always:
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 | If drawer of cheque is a payee himself then what word is written after the word pay: |
A. Order
B. Bearer
C. Self
D. None of the above
|
| 2 | Endorsee of cheque is a person |
A. Who receives the amount of cheque
B. In whose favour the rights of cheque are transferred
C. On whom the cheque is drawn
D. Who draws a cheque
|
| 3 | The person who draws the bill is called. |
A. Debtor
B. Drawee
C. Drawer
D. Acceptor
|
| 4 | 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
|
| 5 | Inland sight bill of exchange is usually used in. |
A. Domestic trade
B. Inter port trade
C. Foreign trade
D. None of these
|
| 6 | The acceptance of bill without some condition is called. |
A. Dishonor acceptance
B. Documentary acceptance
C. Qualified acceptance
D. General acceptance
|
| 7 | Official empowered by theGovt. attest the negotiable instruments by his seal. |
A. Gazette officer
B. Notary public
C. Public attorney
D. None ofthese
|
| 8 | The bill whihc is payable on its presentation is called. |
A. Sight bill
B. Time bill
C. Trade bill
D. Accommodation bill
|
| 9 | The person who endorse the bill of exchange in called. |
A. Endorser
B. Trustee
C. Enddorser
D. Drawee
|
| 10 | 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
|
Test Questions