| 1 |
Safest cheque for making payment is: |
- A. Crossed cheque
- B. Order cheque
- C. Bearer cheque
- D. All of the above
|
| 2 |
Bank pays money at its counter for: |
- A. Bearer cheque
- B. Order cheque
- C. Both (A) & (B)
- D. Crossed cheque
|
| 3 |
Main parties in bill of exchang are. |
- A. Three
- B. Two
- C. Four
- D. Five
|
| 4 |
Crossing of cheque is cancelled by |
- A. Drawer
- B. Drawee
- C. Holder
- D. All of the above
|
| 5 |
A cheque which can be cashed by its holder |
- A. Bearer
- B. Order
- C. Crossed
- D. Plain
|
| 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 |
Bill of exchange is written order whihc is always. |
- A. Unconditional
- B. conditional
- C. Compulsory
- D. None ofthese
|
| 8 |
The name of the person is written on cheque as: |
- A. Drawer
- B. Drawee
- C. Payee
- D. None of these
|
| 9 |
The person who endorse the bill of exchange in called. |
- A. Endorser
- B. Trustee
- C. Enddorser
- D. Drawee
|
| 10 |
Cheque signed by drawer without filling is called |
- A. Plain
- B. Blank
- C. Open
- D. Traveller's cheque
|
