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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
Person who recieves the amount of cheque from bank is called:
Question # 2
Endorsment of a cheque is always:
Question # 3
Which type of a bill can be discounted form bank.
Question # 4
In case of non-negotiable instruments, the rights can:
Question # 5
Drawer and drawee belongs to same country.
Question # 6
Bank or incomplete bill is called.
Question # 7
The bill of exchange who's tenor is less than three month is.
Question # 8
The person who accept the of billof excange on behalf of drawee is called.
Question # 9
Grace days are given to debtors for payment.
Question # 10
Main parties in bill of exchang are.
Question # 11
The person who draws the bill is called.
Question # 12
In case of negotiable instruments, the rights can:
Question # 13
Crossing which contains the name of a particular bank is called
Question # 14
Who is called a drawee of cheque
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 | 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
|
| 2 | On every cheque bank gets |
A. Profit
B. Commission
C. Tax
D. Duty
|
| 3 | Endorsment of a cheque is always: |
A. Written
B. Oral
C. Written and registered
D. All of the above
|
| 4 | Term dishonoring of cheque is used when |
A. Bank refuses to pay
B. Bank stops the payments
C. Bank delay the payments
D. Bank gives cheque to clearing house
|
| 5 | Drawer and drawee belongs to same country. |
A. Domestic bill
B. Foregin bill
C. Trade bill
D. Accommodation bill
|
| 6 | 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
|
| 7 | The person who endorse the bill of exchange in called. |
A. Endorser
B. Trustee
C. Enddorser
D. Drawee
|
| 8 | Payment of sight bill is made on. |
A. Demad
B. Fixed period
C. Expiry
D. Presentation
|
| 9 | Crossing of cheque is cancelled by |
A. Drawer
B. Drawee
C. Holder
D. All of the above
|
| 10 | In case of negotiable instruments, the rights can: |
A. Be tranferred
B. Not be transferred
C. Be conditionally transferred
D. All of the above
|
Test Questions