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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 who draws the bill is called.
Question # 2
Bank or incomplete bill is called.
Question # 3
Endorsment of a cheque is always:
Question # 4
Three grace days are given to debtors for payment.
Question # 5
The person who will receive the amount of bill of exchange is.
Question # 6
Endorsee of cheque is a person
Question # 7
The bill of exchange who's tenor is less than three month is.
Question # 8
The person in whose favour the rights of recieving the amount of cheque transferred:
Question # 9
The person who endorse the bill of exchange in called.
Question # 10
Who did print the cheque in specific form for the first time or firstly:
Question # 11
Main parties in bill of exchang are.
Question # 12
Amount of crossed cheque is recieved:
Question # 13
The person who accepts the bill of exchang is.
Question # 14
Crossing which contains the name of a particular bank is called
Question # 15
Crossing makes the cheque:
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 person is whose favor thebill is endorsed is. |
A. Endorsee
B. Endorser
C. Debtor
D. Acceptor
|
| 2 | A cheque which can be cashed by its holder |
A. Bearer
B. Order
C. Crossed
D. Plain
|
| 3 | Who can endorse the cheque: |
A. Holder of cheque
B. Drawer of cheque
C. Both A & B
D. None of these
|
| 4 | On every cheque bank gets |
A. Profit
B. Commission
C. Tax
D. Duty
|
| 5 | The person who draws the bill is called. |
A. Debtor
B. Drawee
C. Drawer
D. Acceptor
|
| 6 | 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
|
| 7 | Cheque is a credit instrument which is |
A. Negotiable
B. Conditionally negotiable
C. Non negotiable
D. None of the above
|
| 8 | If drawing of a cheque signs o its back for transferring the rights to another person is called |
A. Material change
B. Endorsement
C. Crossing
D. Acceptance
|
| 9 | The person who accepts the bill of exchang is. |
A. Debtor
B. Drawer
C. Payee
D. None of these
|
| 10 | The types of local or home trade are. |
A. Regail trade
B. Wholescale trade
C. Interport
D. Both a and b
|
Test Questions