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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
The type of Foreign or international trade are.
Question # 2
If drawing of a cheque signs o its back for transferring the rights to another person is called
Question # 3
On every cheque bank gets
Question # 4
Which type of a bill can be discounted form bank.
Question # 5
Term dishonoring of cheque is used when
Question # 6
In case of negotiable instruments, the rights can:
Question # 7
A cheque which can be cashed by its holder
Question # 8
Three grace days are given to debtors for payment.
Question # 9
Main parties in bill of exchang are.
Question # 10
The bill of exchange who's tenor is less than three month is.
Question # 11
The person who accept the of billof excange on behalf of drawee is called.
Question # 12
Cheque is a written order drawn on
Question # 13
Bill of exchange is written order whihc is always.
Question # 14
Person who recieves the amount of cheque from bank is called:
Question # 15
Bank pays money at its counter for:
ICOM Part 2 English Medium Principles of Banking Chapter 9 MCQ's Test
Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 9 Online Test" MCQ`s Test
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H Hassan Abid 22 - Jun - 2022 01 Min 42 Sec 15/15 -
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M Muhammad Rafay 17 - Jul - 2021 02 Min 06 Sec 15/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Bank pays money at its counter for: |
A. Bearer cheque
B. Order cheque
C. Both (A) & (B)
D. Crossed cheque
|
| 2 | If drawing of a cheque signs o its back for transferring the rights to another person is called |
A. Material change
B. Endorsement
C. Crossing
D. Acceptance
|
| 3 | A cheque which cannot be cashed at bank's counter |
A. Bearer
B. Order
C. Crossed
D. None of the above
|
| 4 | Term dishonoring of cheque is used when |
A. Bank refuses to pay
B. Bank stops the payments
C. Bank delay the payments
D. Bank gives cheque to clearing house
|
| 5 | Bank or incomplete bill is called. |
A. Foreign bill
B. Local bill
C. Short bill
D. Dishonored bill
|
| 6 | Who can endorse the cheque: |
A. Holder of cheque
B. Drawer of cheque
C. Both A & B
D. None of these
|
| 7 | The acceptance of bill with some conditionis called. |
A. Dishonor acceptance
B. Documentary acceptance
C. Qualified acceptance
D. General acceptance
|
| 8 | Endorsee of cheque is a person |
A. Who receives the amount of cheque
B. In whose favour the rights of cheque are transferred
C. On whom the cheque is drawn
D. Who draws a cheque
|
| 9 | The person is whose favor thebill is endorsed is. |
A. Endorsee
B. Endorser
C. Debtor
D. Acceptor
|
| 10 | Collateral parties in bill of exchange are. |
A. Acceptor
B. Endorser
C. Endorsee
D. All these
|
Test Questions
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