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

Payment of sight bill is made on.

Question # 2

Amount of crossed cheque is recieved:

Question # 3

Bank or incomplete bill is called.

Question # 4

Who can endorse the cheque:

Question # 5

The types of local or home trade are.

Question # 6

Cheque is a written order drawn on

Question # 7

Term dishonoring of cheque is used when

Question # 8

Crossing of cheque is cancelled by

Question # 9

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

Question # 10

The acceptance of bill with some conditionis called.

Question # 11

Term "or oreder" is written in order cheque after:

Question # 12

Bill of exchange is written order whihc is always.

Question # 13

Cheque is always crossed by

Question # 14

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

Question # 15

The person who draws the bill 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 Bank pays money at its counter for:
A. Bearer cheque
B. Order cheque
C. Both (A) & (B)
D. Crossed cheque
2 Who can endorse the cheque:
A. Holder of cheque
B. Drawer of cheque
C. Both A & B
D. None of these
3 Safest cheque for making payment is:
A. Crossed cheque
B. Order cheque
C. Bearer cheque
D. All of the above
4 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
5 Crossing which contains the name of a particular bank is called
A. Regular crossing
B. Irregular crossing
C. General crossing
D. Special crossing
6 Drawer and drawee belongs to same country.
A. Domestic bill
B. Foregin bill
C. Trade bill
D. Accommodation bill
7 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
8 The bill of exchange who's tenor is less than three month is.
A. Long bill of exchange
B. Foreign bill of exchange
C. Short bill of exchange
D. Sight bill of exchange
9 The person who endorse the bill of exchange in called.
A. Endorser
B. Trustee
C. Enddorser
D. Drawee
10 What is written on the leaf of a cheque about customer
A. Name
B. Address
C. Telephone number
D. Account number

Test Questions

Share your comments & questions here

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