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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 signed by drawer without filling is called
Question # 2
The person is whose favor thebill is endorsed is.
Question # 3
The bill whihc is payable on its presentation is called.
Question # 4
Cheque is a credit instrument which is
Question # 5
Inland sight bill of exchange is usually used in.
Question # 6
Main parties in bill of exchang are.
Question # 7
Endorsment of a cheque is always:
Question # 8
In case of negotiable instruments, the rights can:
Question # 9
Bank or incomplete bill is called.
Question # 10
Grace days are given to debtors for payment.
Question # 11
Payment of sight bill is made on.
Question # 12
Which type of a bill can be discounted form bank.
Question # 13
The bill of exchange who's tenor is less than three month is.
Question # 14
The name of the person is written on cheque as:
Question # 15
Who is called a drawee of cheque
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 | The person who accept the of billof excange on behalf of drawee is called. |
A. Debtor
B. Payee
C. Drawee
D. Acceptor
|
| 2 | Term dishonoring of cheque is used when |
A. Bank refuses to pay
B. Bank stops the payments
C. Bank delay the payments
D. Bank gives cheque to clearing house
|
| 3 | Cheque is a written order drawn on |
A. Endorsee
B. Bank
C. Customer
D. All of the above
|
| 4 | Drawer and drawee belongs to same country. |
A. Domestic bill
B. Foregin bill
C. Trade bill
D. Accommodation bill
|
| 5 | 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
|
| 6 | Three grace days are given to debtors for payment. |
A. Bill of exchange
B. Promissory note
C. Bank draft
D. All of these
|
| 7 | Crossing makes the cheque: |
A. Unsafe
B. Unacceptable
C. Safe
D. Acceptable
|
| 8 | Bill of exchange doesn't involved trade dealing. |
A. Trade bill
B. Accommodation bill
C. Both a and b
D. None of these
|
| 9 | A cheque which can be cashed by its holder |
A. Bearer
B. Order
C. Crossed
D. Plain
|
| 10 | Drawer and Drawee belongs to two diffrent cities. |
A. Inland bill
B.
Short bill
C. Long bill
D. Foreign bill
|
Test Questions