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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
Who can endorse the cheque:
Question # 2
Term dishonoring of cheque is used when
Question # 3
Amount of crossed cheque is recieved:
Question # 4
Cheque is a written order drawn on
Question # 5
The person who accept the of billof excange on behalf of drawee is called.
Question # 6
The bill of exchange who's tenor is less than three month is.
Question # 7
Honoured cheuqe is a cheque which is
Question # 8
Which type of a bill can be discounted form bank.
Question # 9
A cheque which can be cashed by its holder
Question # 10
Bill of exchange doesn't involved trade dealing.
Question # 11
Official empowered by theGovt. attest the negotiable instruments by his seal.
Question # 12
Bank or incomplete bill is called.
Question # 13
The name of the person is written on cheque as:
Question # 14
Cheque signed by drawer without filling is called
Question # 15
Safest cheque for making payment is:
ICOM Part 2 English Medium Principles of Banking Chapter 9 MCQ's Test
Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 9 Online Test" 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 | In case of negotiable instruments, the rights can: |
A. Be tranferred
B. Not be transferred
C. Be conditionally transferred
D. All of the above
|
| 2 | The person is whose favor thebill is endorsed is. |
A. Endorsee
B. Endorser
C. Debtor
D. Acceptor
|
| 3 | The acceptance of bill without some condition is called. |
A. Dishonor acceptance
B. Documentary acceptance
C. Qualified acceptance
D. General acceptance
|
| 4 | Drawer and drawee belongs to same country. |
A. Domestic bill
B. Foregin bill
C. Trade bill
D. Accommodation bill
|
| 5 | Crossing makes the cheque: |
A. Unsafe
B. Unacceptable
C. Safe
D. Acceptable
|
| 6 | The person who endorse the bill of exchange in called. |
A. Endorser
B. Trustee
C. Enddorser
D. Drawee
|
| 7 | A cheque which cannot be cashed at bank's counter |
A. Bearer
B. Order
C. Crossed
D. None of the above
|
| 8 | 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
|
| 9 | Grace days are given to debtors for payment. |
A. 3 days
B. 4 days
C. 5 days
D. 6 days
|
| 10 | Bank pays money at its counter for: |
A. Bearer cheque
B. Order cheque
C. Both (A) & (B)
D. Crossed cheque
|
Test Questions
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