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

Cheque is a written order of customer to:

Question # 2

Main parties in bill of exchang are.

Question # 3

The acceptance of bill with some conditionis called.

Question # 4

The types of local or home trade are.

Question # 5

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

Question # 6

Who can endorse the cheque:

Question # 7

The person is whose favor thebill is endorsed is.

Question # 8

Drawer and drawee belongs to same country.

Question # 9

In case of non-negotiable instruments, the rights can:

Question # 10

When cheque is cashed then its main foil is given to:

Question # 11

Payment of sight bill is made on.

Question # 12

A cheque which can be cashed by its holder

Question # 13

Term "or oreder" is written in order cheque after:

Question # 14

The person in whose favour the rights of recieving the amount of cheque transferred:

Question # 15

The person who accept the of billof excange on behalf of drawee is called.

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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 The acceptance of bill without some condition is called.
A. Dishonor acceptance
B. Documentary acceptance
C. Qualified acceptance
D. General acceptance
2 What is written on the leaf of a cheque about customer
A. Name
B. Address
C. Telephone number
D. Account number
3 The type of Foreign or international trade are.
A. Import
B. Export
C. Interport
D. All these
4 When cheque is cashed then its main foil is given to:
A. Bank
B. Customer
C. Government
D. None of these
5 Official empowered by theGovt. attest the negotiable instruments by his seal.
A. Gazette officer
B. Notary public
C. Public attorney
D. None ofthese
6 A cheque which can be cashed by its holder
A. Bearer
B. Order
C. Crossed
D. Plain
7 Cheque signed by drawer without filling is called
A. Plain
B. Blank
C. Open
D. Traveller's cheque
8 Endorsment of a cheque is always:
A. Written
B. Oral
C. Written and registered
D. All of the above
9 The person who accept the of billof excange on behalf of drawee is called.
A. Debtor
B. Payee
C. Drawee
D. Acceptor
10 Who can endorse the cheque:
A. Holder of cheque
B. Drawer of cheque
C. Both A & B
D. None of these

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