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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
On every cheque bank gets
Question # 2
Cheque is a written order drawn on
Question # 3
Inland sight bill of exchange is usually used in.
Question # 4
The person who will receive the amount of bill of exchange is.
Question # 5
Honoured cheuqe is a cheque which is
Question # 6
Endorsment of a cheque is always:
Question # 7
Cheque signed by drawer without filling is called
Question # 8
A cheque which can be cashed by its holder
Question # 9
Bill of exchange is written order whihc is always.
Question # 10
The person who endorse the bill of exchange in called.
Question # 11
Drawer and Drawee belongs to two diffrent cities.
Question # 12
Cheque is always crossed by
Question # 13
Who can endorse the cheque:
Question # 14
Collateral parties in bill of exchange are.
Question # 15
The person who accepts the bill of exchang is.
ICOM Part 2 English Medium Principles of Banking Chapter 9 MCQ's Test
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H Hassan Abid 22 - Jun - 2022 01 Min 42 Sec 15/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Safest cheque for making payment is: |
A. Crossed cheque
B. Order cheque
C. Bearer cheque
D. All of the above
|
| 2 | 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
|
| 3 | 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
|
| 4 | The bill whihc is payable on its presentation is called. |
A. Sight bill
B. Time bill
C. Trade bill
D. Accommodation bill
|
| 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 | 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
|
| 7 | The acceptance of bill with some conditionis called. |
A. Dishonor acceptance
B. Documentary acceptance
C. Qualified acceptance
D. General acceptance
|
| 8 | Official empowered by theGovt. attest the negotiable instruments by his seal. |
A. Gazette officer
B. Notary public
C. Public attorney
D. None ofthese
|
| 9 | Crossing of cheque is cancelled by |
A. Drawer
B. Drawee
C. Holder
D. All of the above
|
| 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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