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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 bill of exchange who's tenor is more than three month is.
Question # 2
Payee has no give his identification to bank for receiving the amount of:
Question # 3
Bill of exchange doesn't involved trade dealing.
Question # 4
In case of negotiable instruments, the rights can:
Question # 5
A cheque which can be cashed by its holder
Question # 6
Crossing makes the cheque:
Question # 7
Official empowered by theGovt. attest the negotiable instruments by his seal.
Question # 8
If drawing of a cheque signs o its back for transferring the rights to another person is called
Question # 9
The person is whose favor thebill is endorsed is.
Question # 10
The name of the person is written on cheque as:
Question # 11
The person who draws the bill is called.
Question # 12
Amount of crossed cheque is recieved:
Question # 13
Term dishonoring of cheque is used when
Question # 14
Honoured cheuqe is a cheque which is
Question # 15
Drawer and Drawee belongs to two diffrent cities.
ICOM Part 2 English Medium Principles of Banking Chapter 9 MCQ's Test
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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 | Safest cheque for making payment is: |
A. Crossed cheque
B. Order cheque
C. Bearer cheque
D. All of the above
|
| 2 | Person who recieves the amount of cheque from bank is called: |
A. Drawee
B. Payee
C. Endorsee
D. All of the above
|
| 3 | 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
|
| 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 | Collateral parties in bill of exchange are. |
A. Acceptor
B. Endorser
C. Endorsee
D. All these
|
| 6 | Who can endorse the cheque: |
A. Holder of cheque
B. Drawer of cheque
C. Both A & B
D. None of these
|
| 7 | Who is called a drawee of cheque |
A. Payee
B. Bank
C. Customer
D. Endorsee
|
| 8 | 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
|
| 9 | 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
|
| 10 | The acceptance of bill without some condition is called. |
A. Dishonor acceptance
B. Documentary acceptance
C. Qualified acceptance
D. General acceptance
|
Test Questions