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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
Drawer and Drawee belongs to two diffrent cities.
Question # 2
Term dishonoring of cheque is used when
Question # 3
If drawer of cheque is a payee himself then what word is written after the word pay:
Question # 4
Main parties in bill of exchang are.
Question # 5
Drawer and drawee belongs to same country.
Question # 6
Three grace days are given to debtors for payment.
Question # 7
Cheque is a credit instrument which is
Question # 8
A cheque which cannot be cashed at bank's counter
Question # 9
Crossing of cheque is cancelled by
Question # 10
Grace days are given to debtors for payment.
Question # 11
Who did print the cheque in specific form for the first time or firstly:
Question # 12
In case of non-negotiable instruments, the rights can:
Question # 13
Payee has no give his identification to bank for receiving the amount of:
Question # 14
The person who endorse the bill of exchange in called.
Question # 15
The acceptance of bill with some conditionis called.
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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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Who is called a drawee of cheque |
A. Payee
B. Bank
C. Customer
D. Endorsee
|
| 2 | Cheque is always crossed by |
A. Drawer
B. Drawee
C. Holder
D. All of the above
|
| 3 | Person who recieves the amount of cheque from bank is called: |
A. Drawee
B. Payee
C. Endorsee
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 | A cheque which can be cashed by its holder |
A. Bearer
B. Order
C. Crossed
D. Plain
|
| 6 | Cheque is a written order drawn on |
A. Endorsee
B. Bank
C. Customer
D. All of the above
|
| 7 | Collateral parties in bill of exchange are. |
A. Acceptor
B. Endorser
C. Endorsee
D. All these
|
| 8 | The types of local or home trade are. |
A. Regail trade
B. Wholescale trade
C. Interport
D. Both a and b
|
| 9 | 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
|
| 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
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