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

Start Chapter 9 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"

  • Total Questions15

  • Time Allowed20

Principles of Banking Icom Part 2 English Medium Chapter 9 Online Test

00:00
Question # 1

If drawing of a cheque signs o its back for transferring the rights to another person is called

Question # 2

The person who will receive the amount of bill of exchange is.

Question # 3

Endorsee of cheque is a person

Question # 4

Cheque is always crossed by

Question # 5

Payee has no give his identification to bank for receiving the amount of:

Question # 6

Official empowered by theGovt. attest the negotiable instruments by his seal.

Question # 7

The acceptance of bill with some conditionis called.

Question # 8

The types of local or home trade are.

Question # 9

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

Question # 10

The bill whihc is payable on its presentation is called.

Question # 11

Crossing of cheque is cancelled by

Question # 12

Which type of a bill can be discounted form bank.

Question # 13

Grace days are given to debtors for payment.

Question # 14

The person who draws the bill is called.

Question # 15

Inland sight bill of exchange is usually used in.

Prepare Complete Set Wise Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 9 Online Test" MCQs Online With Answers


Topic Test

00:00

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

  • H
    HASEEB Ali 02 - Mar - 2024 00 Min 07 Sec 15/15
  • H
    Hassan Abid 22 - Jun - 2022 01 Min 42 Sec 15/15
  • S
    Saad 17 - Jul - 2021 02 Min 01 Sec 15/15
  • M
    Muhammad Rafay 17 - Jul - 2021 02 Min 06 Sec 15/15
  • A
    ADNAN 17 - Jul - 2021 02 Min 39 Sec 15/15
  • K
    KHALIL UR REHAMAN 13 - Aug - 2022 03 Min 01 Sec 15/15
  • A
    Adeel 17 - Jul - 2021 10 Min 50 Sec 15/15
  • A
    ameer 13 - Jul - 2021 10 Min 50 Sec 15/15
  • B
    Baal 16 - Jul - 2021 01 Min 08 Sec 14/15
  • S
    Shehryar iqbal 16 - Jul - 2021 01 Min 50 Sec 14/15
  • K
    KHALIL UR REHAMAN 13 - Aug - 2022 02 Min 14 Sec 14/15
  • A
    Ahmed shujah 16 - Jul - 2021 02 Min 14 Sec 14/15
  • Y
    Yggygygyb 17 - Jul - 2021 02 Min 49 Sec 14/15
  • T
    Teiyr 11 - Nov - 2025 02 Min 54 Sec 14/15
  • U
    Ummayy Kalsoom 17 - Apr - 2022 04 Min 04 Sec 14/15

ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 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
2 Who is called a drawee of cheque
A. Payee
B. Bank
C. Customer
D. Endorsee
3 Bank or incomplete bill is called.
A. Foreign bill
B. Local bill
C. Short bill
D. Dishonored bill
4 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
5 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
6 The bill whihc is payable on its presentation is called.
A. Sight bill
B. Time bill
C. Trade bill
D. Accommodation bill
7 In case of negotiable instruments, the rights can:
A. Be tranferred
B. Not be transferred
C. Be conditionally transferred
D. All of the above
8 The acceptance of bill without some condition is called.
A. Dishonor acceptance
B. Documentary acceptance
C. Qualified acceptance
D. General acceptance
9 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
10 The type of Foreign or international trade are.
A. Import
B. Export
C. Interport
D. All these

Test Questions

Is this page helpful?