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

In case of non-negotiable instruments, the rights can:

Question # 2

Official empowered by theGovt. attest the negotiable instruments by his seal.

Question # 3

Amount of crossed cheque is recieved:

Question # 4

A cheque which can be cashed by its holder

Question # 5

The name of the person is written on cheque as:

Question # 6

Inland sight bill of exchange is usually used in.

Question # 7

Who is called a drawee of cheque

Question # 8

Main parties in bill of exchang are.

Question # 9

Payee has no give his identification to bank for receiving the amount of:

Question # 10

Drawer and drawee belongs to same country.

Question # 11

Bank pays money at its counter for:

Question # 12

Person who recieves the amount of cheque from bank is called:

Question # 13

Cheque is a written order drawn on

Question # 14

The person who draws the bill is called.

Question # 15

A cheque which cannot be cashed at bank's counter

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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 Cheque is a written order of customer to:
A. keep the amount
B. Transfer the amount
C. Pay the amount
D. Recieve the amount
2 Crossing of cheque is cancelled by
A. Drawer
B. Drawee
C. Holder
D. All of the above
3 The acceptance of bill with some conditionis called.
A. Dishonor acceptance
B. Documentary acceptance
C. Qualified acceptance
D. General acceptance
4 Who is called a drawee of cheque
A. Payee
B. Bank
C. Customer
D. Endorsee
5 The acceptance of bill without some condition is called.
A. Dishonor acceptance
B. Documentary acceptance
C. Qualified acceptance
D. General acceptance
6 A cheque which can be cashed by its holder
A. Bearer
B. Order
C. Crossed
D. Plain
7 Cheque is a written order drawn on
A. Endorsee
B. Bank
C. Customer
D. All of the above
8 Safest cheque for making payment is:
A. Crossed cheque
B. Order cheque
C. Bearer cheque
D. All of the above
9 Cheque is always crossed by
A. Drawer
B. Drawee
C. Holder
D. All of the above
10 Crossing which contains the name of a particular bank is called
A. Regular crossing
B. Irregular crossing
C. General crossing
D. Special crossing

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