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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
Official empowered by theGovt. attest the negotiable instruments by his seal.
Question # 2
The type of Foreign or international trade are.
Question # 3
Bill of exchange doesn't involved trade dealing.
Question # 4
If drawing of a cheque signs o its back for transferring the rights to another person is called
Question # 5
The types of local or home trade are.
Question # 6
Cheque is a written order drawn on
Question # 7
The bill whihc is payable on its presentation is called.
Question # 8
Payment of sight bill is made on.
Question # 9
The person who accept the of billof excange on behalf of drawee is called.
Question # 10
On every cheque bank gets
Question # 11
Cheque is a credit instrument which is
Question # 12
Term "or oreder" is written in order cheque after:
Question # 13
Who is called a drawee of cheque
Question # 14
Endorsment of a cheque is always:
Question # 15
Cheque is always crossed by
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 person in whose favour the rights of recieving the amount of cheque transferred: |
A. Endorser
B. Payee
C. Endorsee
D. All of the above
|
| 2 | Endorsment of a cheque is always: |
A. Written
B. Oral
C. Written and registered
D. All of the above
|
| 3 | The person who accepts the bill of exchang is. |
A. Debtor
B. Drawer
C. Payee
D. None of these
|
| 4 | Bank pays money at its counter for: |
A. Bearer cheque
B. Order cheque
C. Both (A) & (B)
D. Crossed cheque
|
| 5 | 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
|
| 6 | Bill of exchange is written order whihc is always. |
A. Unconditional
B. conditional
C. Compulsory
D. None ofthese
|
| 7 | 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
|
| 8 | The person who draws the bill is called. |
A. Debtor
B. Drawee
C. Drawer
D. Acceptor
|
| 9 | Three grace days are given to debtors for payment. |
A. Bill of exchange
B. Promissory note
C. Bank draft
D. All of these
|
| 10 | 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
|
Test Questions