12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 9 (Negotiable instruments (I))

ICOM Part 2 English Medium Principles of Banking Chapter 9 MCQ's Test

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MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 9 Online Test"

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Principles of Banking Icom Part 2 English Medium Chapter 9 Online Test

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Question # 1

Crossing makes the cheque:

Question # 2

The name of the person is written on cheque as:

Question # 3

The person who accepts the bill of exchang is.

Question # 4

What is written on the leaf of a cheque about customer

Question # 5

A cheque which can be cashed by its holder

Question # 6

The type of Foreign or international trade are.

Question # 7

Cheque is a written order drawn on

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

Bill of exchange is written order whihc is always.

Question # 11

Cheque is a credit instrument which is

Question # 12

Amount of crossed cheque is recieved:

Question # 13

Cheque is a written order of customer to:

Question # 14

Who is called a drawee of cheque

Question # 15

Term dishonoring of cheque is used when

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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 Who is called a drawee of cheque
A. Payee
B. Bank
C. Customer
D. Endorsee
2 A cheque which cannot be cashed at bank's counter
A. Bearer
B. Order
C. Crossed
D. None of the above
3 What is written on the leaf of a cheque about customer
A. Name
B. Address
C. Telephone number
D. Account number
4 Honoured cheuqe is a cheque which is
A. Accepted by drawee for payment
B. Accepted by payee
C. Accepted by endorsee
D. All of the above
5 The name of the person is written on cheque as:
A. Drawer
B. Drawee
C. Payee
D. None of these
6 Crossing of cheque is cancelled by
A. Drawer
B. Drawee
C. Holder
D. All of the above
7 The person who accept the of billof excange on behalf of drawee is called.
A. Debtor
B. Payee
C. Drawee
D. Acceptor
8 Drawer and Drawee belongs to two diffrent cities.
A. Inland bill
B.
Short bill
C. Long bill
D. Foreign bill
9 The person is whose favor thebill is endorsed is.
A. Endorsee
B. Endorser
C. Debtor
D. Acceptor
10 In case of negotiable instruments, the rights can:
A. Be tranferred
B. Not be transferred
C. Be conditionally transferred
D. All of the above

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