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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
The name of the person is written on cheque as:
Question # 3
Collateral parties in bill of exchange are.
Question # 4
The type of Foreign or international trade are.
Question # 5
Grace days are given to debtors for payment.
Question # 6
Who did print the cheque in specific form for the first time or firstly:
Question # 7
Inland sight bill of exchange is usually used in.
Question # 8
The bill of exchange who's tenor is more than three month is.
Question # 9
If drawer of cheque is a payee himself then what word is written after the word pay:
Question # 10
Honoured cheuqe is a cheque which is
Question # 11
The acceptance of bill with some conditionis called.
Question # 12
Endorsment of a cheque is always:
Question # 13
Drawer and drawee belongs to same country.
Question # 14
Cheque signed by drawer without filling is called
Question # 15
Bill of exchange is written order whihc is always.
ICOM Part 2 English Medium Principles of Banking Chapter 9 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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T Teiyr 11 - Nov - 2025 02 Min 54 Sec 14/15 -
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 | The acceptance of bill with some conditionis called. |
A. Dishonor acceptance
B. Documentary acceptance
C. Qualified acceptance
D. General acceptance
|
| 2 | The person who draws the bill is called. |
A. Debtor
B. Drawee
C. Drawer
D. Acceptor
|
| 3 | On every cheque bank gets |
A. Profit
B. Commission
C. Tax
D. Duty
|
| 4 | Person who recieves the amount of cheque from bank is called: |
A. Drawee
B. Payee
C. Endorsee
D. All of the above
|
| 5 | The person who endorse the bill of exchange in called. |
A. Endorser
B. Trustee
C. Enddorser
D. Drawee
|
| 6 | Which type of a bill can be discounted form bank. |
A. Sight bill
B. Time bill
C. Dishonored bill
D. Unaccepted bill
|
| 7 | Collateral parties in bill of exchange are. |
A. Acceptor
B. Endorser
C. Endorsee
D. All these
|
| 8 | The acceptance of bill without some condition is called. |
A. Dishonor acceptance
B. Documentary acceptance
C. Qualified acceptance
D. General acceptance
|
| 9 | Who is called a drawee of cheque |
A. Payee
B. Bank
C. Customer
D. Endorsee
|
| 10 | The bill of exchange who's tenor is less than three month is. |
A. Long bill of exchange
B. Foreign bill of exchange
C. Short bill of exchange
D. Sight bill of exchange
|
Test Questions
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