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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
Crossing which contains the name of a particular bank is called
Question # 2
What is written on the leaf of a cheque about customer
Question # 3
A cheque which cannot be cashed at bank's counter
Question # 4
Collateral parties in bill of exchange are.
Question # 5
Drawer and Drawee belongs to two diffrent cities.
Question # 6
The person in whose favour the rights of recieving the amount of cheque transferred:
Question # 7
Bill of exchange doesn't involved trade dealing.
Question # 8
Which type of a bill can be discounted form bank.
Question # 9
Main parties in bill of exchang are.
Question # 10
The person who accepts the bill of exchang is.
Question # 11
Endorsee of cheque is a person
Question # 12
Crossing of cheque is cancelled by
Question # 13
The person is whose favor thebill is endorsed is.
Question # 14
Term "or oreder" is written in order cheque after:
Question # 15
Grace days are given to debtors for payment.
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 who will receive the amount of bill of exchange is. |
A. Debtor
B. Payee
C. Drawee
D. Acceptor
|
| 2 | Which type of a bill can be discounted form bank. |
A. Sight bill
B. Time bill
C. Dishonored bill
D. Unaccepted bill
|
| 3 | Who is called a drawee of cheque |
A. Payee
B. Bank
C. Customer
D. Endorsee
|
| 4 | Drawer and drawee belongs to same country. |
A. Domestic bill
B. Foregin bill
C. Trade bill
D. Accommodation bill
|
| 5 | The acceptance of bill with some conditionis called. |
A. Dishonor acceptance
B. Documentary acceptance
C. Qualified acceptance
D. General acceptance
|
| 6 | The bill whihc is payable on its presentation is called. |
A. Sight bill
B. Time bill
C. Trade bill
D. Accommodation bill
|
| 7 | Person who recieves the amount of cheque from bank is called: |
A. Drawee
B. Payee
C. Endorsee
D. All of the above
|
| 8 | 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
|
| 9 | The person who endorse the bill of exchange in called. |
A. Endorser
B. Trustee
C. Enddorser
D. Drawee
|
| 10 | Crossing of cheque is cancelled by |
A. Drawer
B. Drawee
C. Holder
D. All of the above
|
Test Questions