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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
Honoured cheuqe is a cheque which is
Question # 2
Crossing which contains the name of a particular bank is called
Question # 3
Inland sight bill of exchange is usually used in.
Question # 4
The bill of exchange who's tenor is more than three month is.
Question # 5
Crossing makes the cheque:
Question # 6
Collateral parties in bill of exchange are.
Question # 7
When cheque is cashed then its main foil is given to:
Question # 8
A cheque which can be cashed by its holder
Question # 9
Which type of a bill can be discounted form bank.
Question # 10
Bill of exchange is written order whihc is always.
Question # 11
The person who endorse the bill of exchange in called.
Question # 12
The person in whose favour the rights of recieving the amount of cheque transferred:
Question # 13
The name of the person is written on cheque as:
Question # 14
Bank pays money at its counter for:
Question # 15
Term "or oreder" is written in order cheque after:
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 types of local or home trade are. |
A. Regail trade
B. Wholescale trade
C. Interport
D. Both a and b
|
| 2 | On every cheque bank gets |
A. Profit
B. Commission
C. Tax
D. Duty
|
| 3 | The name of the person is written on cheque as: |
A. Drawer
B. Drawee
C. Payee
D. None of these
|
| 4 | Bank or incomplete bill is called. |
A. Foreign bill
B. Local bill
C. Short bill
D. Dishonored bill
|
| 5 | Inland sight bill of exchange is usually used in. |
A. Domestic trade
B. Inter port trade
C. Foreign trade
D. None of these
|
| 6 | Safest cheque for making payment is: |
A. Crossed cheque
B. Order cheque
C. Bearer cheque
D. All of the above
|
| 7 | The bill whihc is payable on its presentation is called. |
A. Sight bill
B. Time bill
C. Trade bill
D. Accommodation bill
|
| 8 | Payment of sight bill is made on. |
A. Demad
B. Fixed period
C. Expiry
D. Presentation
|
| 9 | The person who endorse the bill of exchange in called. |
A. Endorser
B. Trustee
C. Enddorser
D. Drawee
|
| 10 | Honoured cheuqe is a cheque which is |
A. Accepted by drawee for payment
B. Accepted by payee
C. Accepted by endorsee
D. All of the above
|
Test Questions