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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
Drawer and Drawee belongs to two diffrent cities.
Question # 2
Payee has no give his identification to bank for receiving the amount of:
Question # 3
Who is called a drawee of cheque
Question # 4
Three grace days are given to debtors for payment.
Question # 5
The bill whihc is payable on its presentation is called.
Question # 6
Payment of sight bill is made on.
Question # 7
Term dishonoring of cheque is used when
Question # 8
The person who accepts the bill of exchang is.
Question # 9
The type of Foreign or international trade are.
Question # 10
Main parties in bill of exchang are.
Question # 11
The person who draws the bill is called.
Question # 12
The person is whose favor thebill is endorsed is.
Question # 13
Official empowered by theGovt. attest the negotiable instruments by his seal.
Question # 14
Bill of exchange is written order whihc is always.
Question # 15
Amount of crossed cheque is recieved:
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 | Crossing of cheque is cancelled by |
A. Drawer
B. Drawee
C. Holder
D. All of the above
|
| 2 | The bill of exchange who's tenor is more than three month is. |
A. Sight bill of exchange
B. Foreign bill exchnage
C. Long bill exchange
D. Short billof exchange
|
| 3 | 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
|
| 4 | The person is whose favor thebill is endorsed is. |
A. Endorsee
B. Endorser
C. Debtor
D. Acceptor
|
| 5 | Cheque is a written order of customer to: |
A. keep the amount
B. Transfer the amount
C. Pay the amount
D. Recieve the amount
|
| 6 | Cheque is a credit instrument which is |
A. Negotiable
B. Conditionally negotiable
C. Non negotiable
D. None of the above
|
| 7 | 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
|
| 8 | Payee has no give his identification to bank for receiving the amount of: |
A. Bearer cheque
B. Order cheque
C. Blank cheque
D. Crossedcheque
|
| 9 | In case of negotiable instruments, the rights can: |
A. Be tranferred
B. Not be transferred
C. Be conditionally transferred
D. All of the above
|
| 10 | The types of local or home trade are. |
A. Regail trade
B. Wholescale trade
C. Interport
D. Both a and b
|
Test Questions