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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 will receive the amount of bill of exchange is.
Question # 2
Crossing of cheque is cancelled by
Question # 3
Term "or oreder" is written in order cheque after:
Question # 4
What is written on the leaf of a cheque about customer
Question # 5
Collateral parties in bill of exchange are.
Question # 6
Cheque is always crossed by
Question # 7
The acceptance of bill with some conditionis called.
Question # 8
Which type of a bill can be discounted form bank.
Question # 9
If drawing of a cheque signs o its back for transferring the rights to another person is called
Question # 10
Cheque signed by drawer without filling is called
Question # 11
Honoured cheuqe is a cheque which is
Question # 12
Three grace days are given to debtors for payment.
Question # 13
The acceptance of bill without some condition is called.
Question # 14
Crossing makes the cheque:
Question # 15
In case of non-negotiable instruments, the rights can:
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 HASEEB Ali 02 - Mar - 2024 00 Min 07 Sec 15/15 -
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 who accept the of billof excange on behalf of drawee is called. |
A. Debtor
B. Payee
C. Drawee
D. Acceptor
|
| 2 | Grace days are given to debtors for payment. |
A. 3 days
B. 4 days
C. 5 days
D. 6 days
|
| 3 | Who can endorse the cheque: |
A. Holder of cheque
B. Drawer of cheque
C. Both A & B
D. None of these
|
| 4 | Payee has no give his identification to bank for receiving the amount of: |
A. Bearer cheque
B. Order cheque
C. Blank cheque
D. Crossedcheque
|
| 5 | Crossing of cheque is cancelled by |
A. Drawer
B. Drawee
C. Holder
D. All of the above
|
| 6 | Which type of a bill can be discounted form bank. |
A. Sight bill
B. Time bill
C. Dishonored bill
D. Unaccepted bill
|
| 7 | The person who endorse the bill of exchange in called. |
A. Endorser
B. Trustee
C. Enddorser
D. Drawee
|
| 8 | Three grace days are given to debtors for payment. |
A. Bill of exchange
B. Promissory note
C. Bank draft
D. All of these
|
| 9 | 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
|
| 10 | The acceptance of bill without some condition is called. |
A. Dishonor acceptance
B. Documentary acceptance
C. Qualified acceptance
D. General acceptance
|
Test Questions