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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
Cheque is a written order of customer to:
Question # 2
Amount of crossed cheque is recieved:
Question # 3
Who can endorse the cheque:
Question # 4
Grace days are given to debtors for payment.
Question # 5
The bill of exchange who's tenor is more than three month is.
Question # 6
The person who accept the of billof excange on behalf of drawee is called.
Question # 7
The person who will receive the amount of bill of exchange is.
Question # 8
Safest cheque for making payment is:
Question # 9
The person who endorse the bill of exchange in called.
Question # 10
Honoured cheuqe is a cheque which is
Question # 11
The bill whihc is payable on its presentation is called.
Question # 12
Term dishonoring of cheque is used when
Question # 13
The person who draws the bill is called.
Question # 14
The person in whose favour the rights of recieving the amount of cheque transferred:
Question # 15
Crossing of cheque is cancelled by
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 drawn on |
A. Endorsee
B. Bank
C. Customer
D. All of the above
|
| 2 | Main parties in bill of exchang are. |
A. Three
B. Two
C. Four
D. Five
|
| 3 | On every cheque bank gets |
A. Profit
B. Commission
C. Tax
D. Duty
|
| 4 | Who did print the cheque in specific form for the first time or firstly: |
A. Imperial Bank
B. Bank of England
C. State Bank of Pakistan
D. None of the above
|
| 5 | 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
|
| 6 | The acceptance of bill with some conditionis called. |
A. Dishonor acceptance
B. Documentary acceptance
C. Qualified acceptance
D. General acceptance
|
| 7 | A cheque which can be cashed by its holder |
A. Bearer
B. Order
C. Crossed
D. Plain
|
| 8 | The person in whose favour the rights of recieving the amount of cheque transferred: |
A. Endorser
B. Payee
C. Endorsee
D. All of the above
|
| 9 | Drawer and drawee belongs to same country. |
A. Domestic bill
B. Foregin bill
C. Trade bill
D. Accommodation bill
|
| 10 | If drawing of a cheque signs o its back for transferring the rights to another person is called |
A. Material change
B. Endorsement
C. Crossing
D. Acceptance
|
Test Questions