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

Start Chapter 9 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"

  • Total Questions15

  • Time Allowed20

Principles of Banking Icom Part 2 English Medium Chapter 9 Online Test

00:00
Question # 1

Drawer and Drawee belongs to two diffrent cities.

Question # 2

Bank or incomplete bill is called.

Question # 3

The person who will receive the amount of bill of exchange is.

Question # 4

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

Question # 5

The person who accepts the bill of exchang is.

Question # 6

Drawer and drawee belongs to same country.

Question # 7

What is written on the leaf of a cheque about customer

Question # 8

Cheque is a credit instrument which is

Question # 9

Endorsment of a cheque is always:

Question # 10

The person who draws the bill is called.

Question # 11

When cheque is cashed then its main foil is given to:

Question # 12

If drawing of a cheque signs o its back for transferring the rights to another person is called

Question # 13

The type of Foreign or international trade are.

Question # 14

Cheque is always crossed by

Question # 15

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

Prepare Complete Set Wise Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 9 Online Test" MCQs Online With Answers


Topic Test

00:00

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

  • H
    HASEEB Ali 02 - Mar - 2024 00 Min 07 Sec 15/15
  • 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
  • A
    ADNAN 17 - Jul - 2021 02 Min 39 Sec 15/15
  • K
    KHALIL UR REHAMAN 13 - Aug - 2022 03 Min 01 Sec 15/15
  • A
    Adeel 17 - Jul - 2021 10 Min 50 Sec 15/15
  • A
    ameer 13 - Jul - 2021 10 Min 50 Sec 15/15
  • B
    Baal 16 - Jul - 2021 01 Min 08 Sec 14/15
  • S
    Shehryar iqbal 16 - Jul - 2021 01 Min 50 Sec 14/15
  • K
    KHALIL UR REHAMAN 13 - Aug - 2022 02 Min 14 Sec 14/15
  • A
    Ahmed shujah 16 - Jul - 2021 02 Min 14 Sec 14/15
  • Y
    Yggygygyb 17 - Jul - 2021 02 Min 49 Sec 14/15
  • T
    Teiyr 11 - Nov - 2025 02 Min 54 Sec 14/15
  • U
    Ummayy Kalsoom 17 - Apr - 2022 04 Min 04 Sec 14/15

ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 Drawer and Drawee belongs to two diffrent cities.
A. Inland bill
B.
Short bill
C. Long bill
D. Foreign bill
2 Cheque is a written order of customer to:
A. keep the amount
B. Transfer the amount
C. Pay the amount
D. Recieve the amount
3 Bank or incomplete bill is called.
A. Foreign bill
B. Local bill
C. Short bill
D. Dishonored bill
4 Which type of a bill can be discounted form bank.
A. Sight bill
B. Time bill
C. Dishonored bill
D. Unaccepted bill
5 The type of Foreign or international trade are.
A. Import
B. Export
C. Interport
D. All these
6 The person is whose favor thebill is endorsed is.
A. Endorsee
B. Endorser
C. Debtor
D. Acceptor
7 Who can endorse the cheque:
A. Holder of cheque
B. Drawer of cheque
C. Both A & B
D. None of these
8 Official empowered by theGovt. attest the negotiable instruments by his seal.
A. Gazette officer
B. Notary public
C. Public attorney
D. None ofthese
9 Main parties in bill of exchang are.
A. Three
B. Two
C. Four
D. Five
10 A cheque which can be cashed by its holder
A. Bearer
B. Order
C. Crossed
D. Plain

Test Questions

Is this page helpful?

Share your comments & questions here

Guest
  • No comments yet. Be the first to comment!