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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
Cheque is a written order drawn on
Question # 3
Safest cheque for making payment is:
Question # 4
The person is whose favor thebill is endorsed is.
Question # 5
Crossing of cheque is cancelled by
Question # 6
If drawing of a cheque signs o its back for transferring the rights to another person is called
Question # 7
Endorsment of a cheque is always:
Question # 8
Inland sight bill of exchange is usually used in.
Question # 9
Payee has no give his identification to bank for receiving the amount of:
Question # 10
Crossing makes the cheque:
Question # 11
The acceptance of bill with some conditionis called.
Question # 12
The person in whose favour the rights of recieving the amount of cheque transferred:
Question # 13
Who is called a drawee of cheque
Question # 14
Collateral parties in bill of exchange are.
Question # 15
Amount of crossed cheque is recieved:
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 | Endorsee of cheque is a person |
A. Who receives the amount of cheque
B. In whose favour the rights of cheque are transferred
C. On whom the cheque is drawn
D. Who draws a cheque
|
| 2 | Payment of sight bill is made on. |
A. Demad
B. Fixed period
C. Expiry
D. Presentation
|
| 3 | Drawer and drawee belongs to same country. |
A. Domestic bill
B. Foregin bill
C. Trade bill
D. Accommodation bill
|
| 4 | A cheque which can be cashed by its holder |
A. Bearer
B. Order
C. Crossed
D. Plain
|
| 5 | Bill of exchange is written order whihc is always. |
A. Unconditional
B. conditional
C. Compulsory
D. None ofthese
|
| 6 | Cheque is a credit instrument which is |
A. Negotiable
B. Conditionally negotiable
C. Non negotiable
D. None of the above
|
| 7 | 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
|
| 8 | 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
|
| 9 | The person who will receive the amount of bill of exchange is. |
A. Debtor
B. Payee
C. Drawee
D. Acceptor
|
| 10 | Who did print the cheque in specific form for the first time or firstly: |
A. Imperial Bank
B. Bank of England
C. State Bank of Pakistan
D. None of the above
|
Test Questions
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