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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
The name of the person is written on cheque as:
Question # 2
The types of local or home trade are.
Question # 3
Person who recieves the amount of cheque from bank is called:
Question # 4
The person who endorse the bill of exchange in called.
Question # 5
Bank pays money at its counter for:
Question # 6
Official empowered by theGovt. attest the negotiable instruments by his seal.
Question # 7
Grace days are given to debtors for payment.
Question # 8
The person in whose favour the rights of recieving the amount of cheque transferred:
Question # 9
Inland sight bill of exchange is usually used in.
Question # 10
Payee has no give his identification to bank for receiving the amount of:
Question # 11
Crossing of cheque is cancelled by
Question # 12
The type of Foreign or international trade are.
Question # 13
Cheque is always crossed by
Question # 14
Term "or oreder" is written in order cheque after:
Question # 15
Three grace days are given to debtors for payment.
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
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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 -
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K KHALIL UR REHAMAN 13 - Aug - 2022 03 Min 01 Sec 15/15 -
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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 | If drawer of cheque is a payee himself then what word is written after the word pay: |
A. Order
B. Bearer
C. Self
D. None of the above
|
| 2 | On every cheque bank gets |
A. Profit
B. Commission
C. Tax
D. Duty
|
| 3 | Grace days are given to debtors for payment. |
A. 3 days
B. 4 days
C. 5 days
D. 6 days
|
| 4 | Who is called a drawee of cheque |
A. Payee
B. Bank
C. Customer
D. Endorsee
|
| 5 | Endorsment of a cheque is always: |
A. Written
B. Oral
C. Written and registered
D. All of the above
|
| 6 | Bill of exchange doesn't involved trade dealing. |
A. Trade bill
B. Accommodation bill
C. Both a and b
D. None of these
|
| 7 | The acceptance of bill with some conditionis called. |
A. Dishonor acceptance
B. Documentary acceptance
C. Qualified acceptance
D. General acceptance
|
| 8 | The types of local or home trade are. |
A. Regail trade
B. Wholescale trade
C. Interport
D. Both a and b
|
| 9 | 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
|
| 10 | In case of non-negotiable instruments, the rights can: |
A. Be tranferred
B. Not be transferred
C. Be conditionally transferred
D. All of the above
|
Test Questions