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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 name of the person is written on cheque as:
Question # 2
Drawer and Drawee belongs to two diffrent cities.
Question # 3
If drawer of cheque is a payee himself then what word is written after the word pay:
Question # 4
Bill of exchange doesn't involved trade dealing.
Question # 5
The acceptance of bill without some condition is called.
Question # 6
The bill of exchange who's tenor is less than three month is.
Question # 7
Grace days are given to debtors for payment.
Question # 8
Which type of a bill can be discounted form bank.
Question # 9
Who can endorse the cheque:
Question # 10
The person who accepts the bill of exchang is.
Question # 11
The person who will receive the amount of bill of exchange is.
Question # 12
The person is whose favor thebill is endorsed is.
Question # 13
Crossing which contains the name of a particular bank is called
Question # 14
The types of local or home trade are.
Question # 15
The acceptance of bill with some conditionis called.
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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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 | Cheque is a written order of customer to: |
A. keep the amount
B. Transfer the amount
C. Pay the amount
D. Recieve the amount
|
| 2 | The acceptance of bill without some condition is called. |
A. Dishonor acceptance
B. Documentary acceptance
C. Qualified acceptance
D. General acceptance
|
| 3 | What is written on the leaf of a cheque about customer |
A. Name
B. Address
C. Telephone number
D. Account number
|
| 4 | A cheque which cannot be cashed at bank's counter |
A. Bearer
B. Order
C. Crossed
D. None of the above
|
| 5 | On every cheque bank gets |
A. Profit
B. Commission
C. Tax
D. Duty
|
| 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 | A cheque which can be cashed by its holder |
A. Bearer
B. Order
C. Crossed
D. Plain
|
| 8 | Amount of crossed cheque is recieved: |
A. From bank's counter
B. Issueing new cheque
C. From bank's manager
D. None of the above
|
| 9 | Crossing of cheque is cancelled by |
A. Drawer
B. Drawee
C. Holder
D. All of the above
|
| 10 | Safest cheque for making payment is: |
A. Crossed cheque
B. Order cheque
C. Bearer cheque
D. All of the above
|
Test Questions