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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
Term "or oreder" is written in order cheque after:
Question # 2
Who is called a drawee of cheque
Question # 3
Endorsment of a cheque is always:
Question # 4
Cheque is a credit instrument which is
Question # 5
The types of local or home trade are.
Question # 6
Grace days are given to debtors for payment.
Question # 7
Inland sight bill of exchange is usually used in.
Question # 8
If drawing of a cheque signs o its back for transferring the rights to another person is called
Question # 9
The name of the person is written on cheque as:
Question # 10
Safest cheque for making payment is:
Question # 11
The bill whihc is payable on its presentation is called.
Question # 12
The acceptance of bill without some condition is called.
Question # 13
Cheque is always crossed by
Question # 14
Term dishonoring of cheque is used when
Question # 15
Cheque is a written order of customer to:
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 | The person who accepts the bill of exchang is. |
A. Debtor
B. Drawer
C. Payee
D. None of these
|
| 2 | Safest cheque for making payment is: |
A. Crossed cheque
B. Order cheque
C. Bearer cheque
D. All of the above
|
| 3 | The person is whose favor thebill is endorsed is. |
A. Endorsee
B. Endorser
C. Debtor
D. Acceptor
|
| 4 | Cheque is always crossed by |
A. Drawer
B. Drawee
C. Holder
D. All of the above
|
| 5 | In case of negotiable instruments, the rights can: |
A. Be tranferred
B. Not be transferred
C. Be conditionally transferred
D. All of the above
|
| 6 | The person who accept the of billof excange on behalf of drawee is called. |
A. Debtor
B. Payee
C. Drawee
D. Acceptor
|
| 7 | The bill whihc is payable on its presentation is called. |
A. Sight bill
B. Time bill
C. Trade bill
D. Accommodation bill
|
| 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 | Bill of exchange is written order whihc is always. |
A. Unconditional
B. conditional
C. Compulsory
D. None ofthese
|
| 10 | Payee has no give his identification to bank for receiving the amount of: |
A. Bearer cheque
B. Order cheque
C. Blank cheque
D. Crossedcheque
|
Test Questions