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

Crossing which contains the name of a particular bank is called

Question # 2

Drawer and Drawee belongs to two diffrent cities.

Question # 3

Which type of a bill can be discounted form bank.

Question # 4

If drawing of a cheque signs o its back for transferring the rights to another person is called

Question # 5

The acceptance of bill with some conditionis called.

Question # 6

The person is whose favor thebill is endorsed is.

Question # 7

Person who recieves the amount of cheque from bank is called:

Question # 8

Cheque is a written order drawn on

Question # 9

The person who accepts the bill of exchang is.

Question # 10

What is written on the leaf of a cheque about customer

Question # 11

Official empowered by theGovt. attest the negotiable instruments by his seal.

Question # 12

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

Question # 13

A cheque which cannot be cashed at bank's counter

Question # 14

The person who draws the bill is called.

Question # 15

The type of Foreign or international trade are.

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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 A cheque which can be cashed by its holder
A. Bearer
B. Order
C. Crossed
D. Plain
2 The person is whose favor thebill is endorsed is.
A. Endorsee
B. Endorser
C. Debtor
D. Acceptor
3 Endorsment of a cheque is always:
A. Written
B. Oral
C. Written and registered
D. All of the above
4 Drawer and Drawee belongs to two diffrent cities.
A. Inland bill
B.
Short bill
C. Long bill
D. Foreign bill
5 Who can endorse the cheque:
A. Holder of cheque
B. Drawer of cheque
C. Both A & B
D. None of these
6 What is written on the leaf of a cheque about customer
A. Name
B. Address
C. Telephone number
D. Account number
7 Grace days are given to debtors for payment.
A. 3 days
B. 4 days
C. 5 days
D. 6 days
8 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
9 Payee has no give his identification to bank for receiving the amount of:
A. Bearer cheque
B. Order cheque
C. Blank cheque
D. Crossedcheque
10 Cheque signed by drawer without filling is called
A. Plain
B. Blank
C. Open
D. Traveller's cheque

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