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

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MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 9 Online Test"

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

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Question # 1

Cheque is a written order drawn on

Question # 2

Cheque signed by drawer without filling is called

Question # 3

The type of Foreign or international trade are.

Question # 4

Crossing of cheque is cancelled by

Question # 5

Drawer and Drawee belongs to two diffrent cities.

Question # 6

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

Question # 7

Who is called a drawee of cheque

Question # 8

The bill of exchange who's tenor is more than three month is.

Question # 9

Bank or incomplete bill is called.

Question # 10

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

Question # 11

Drawer and drawee belongs to same country.

Question # 12

Who can endorse the cheque:

Question # 13

Which type of a bill can be discounted form bank.

Question # 14

On every cheque bank gets

Question # 15

The person in whose favour the rights of recieving the amount of cheque transferred:

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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 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
2 Cheque signed by drawer without filling is called
A. Plain
B. Blank
C. Open
D. Traveller's cheque
3 Bill of exchange is written order whihc is always.
A. Unconditional
B. conditional
C. Compulsory
D. None ofthese
4 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
5 Amount of crossed cheque is recieved:
A. From bank's counter
B. Issueing new cheque
C. From bank's manager
D. None of the above
6 The person who endorse the bill of exchange in called.
A. Endorser
B. Trustee
C. Enddorser
D. Drawee
7 Payment of sight bill is made on.
A. Demad
B. Fixed period
C. Expiry
D. Presentation
8 Cheque is always crossed by
A. Drawer
B. Drawee
C. Holder
D. All of the above
9 Term "or oreder" is written in order cheque after:
A. Drawer's name
B. Payee's name
C. Customer's name
D. Endorsee's name
10 Official empowered by theGovt. attest the negotiable instruments by his seal.
A. Gazette officer
B. Notary public
C. Public attorney
D. None ofthese

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