| 1 |
Bank or incomplete bill is called. |
- A. Foreign bill
- B. Local bill
- C. Short bill
- D. Dishonored bill
|
| 2 |
When cheque is cashed then its main foil is given to: |
- A. Bank
- B. Customer
- C. Government
- D. None of these
|
| 3 |
Cheque is always crossed by |
- A. Drawer
- B. Drawee
- C. Holder
- D. All of the above
|
| 4 |
Amount of crossed cheque is recieved: |
- A. From bank's counter
- B. Issueing new cheque
- C. From bank's manager
- D. None of the above
|
| 5 |
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
|
| 6 |
Drawer and Drawee belongs to two diffrent cities. |
- A. Inland bill
- B. <hr id="null">Short bill<hr id="null">
- C. Long bill
- D. Foreign bill
|
| 7 |
Cheque is a credit instrument which is |
- A. Negotiable
- B. Conditionally negotiable
- C. Non negotiable
- D. None of the above
|
| 8 |
Who can endorse the cheque: |
- A. Holder of cheque
- B. Drawer of cheque
- C. Both A & B
- D. None of these
|
| 9 |
The type of Foreign or international trade are. |
- A. <sup>Import</sup>
- B. Export
- C. Interport
- D. All these
|
| 10 |
The person who accept the of billof excange on behalf of drawee is called. |
- A. Debtor
- B. Payee
- C. Drawee
- D. Acceptor
|
