Question # 1

Bill in which drawer belonging to two different countries:

Choose an answer

Inland bill

Foreign bill

Accommodation bill

None of the above

Who can issue participation term certificates

Choose an answer

Firm

Company

Cooperative society

All the above

In L.C. the other name of importer's bank is.

Choose an answer

Buyer bank

Opening bank

Issuing bank

All of these

Bills of exchange is a negotiable instrument which contains

Choose an answer

A written order

Conditional written order

Unconditional written order

None of the above

How many functions of money market

Choose an answer

10

12

11

15

Which of the following gets facility due to commercial letter of credit:

Choose an answer

Home traders

Exporter

Importer

Both exporter and importer

The draft whihc is drawn and paid intwo different countries.

Choose an answer

Inland draft

Ordered draft

Foreign draft

Home draft

If drawer of cheque is a payee himself then what word is written after the word pay:

Choose an answer

Order

Bearer

Self

None of the above

Illiterate person provies on cheque for his indentification.

Choose an answer

Photograph

Birth Certificate

Thum Impression

All these

Bills of exchange can be cashed from bank before maturity by:

Choose an answer

Overdraft

Renewal

Discounting

None of the above

The word IOU means.

Choose an answer

I am your creditor

I am your debtor

I am your friend

None of these

Bank draft is an order

Choose an answer

Of court

Conditional

Unconditional

Of government

Beginning of Bank draft by

Choose an answer

Kings

Money lenders

Merchants

gold smith

Capital market does not deal in.

Choose an answer

Debentures

Treasury bills

Bonds

Shares

The central bank works under the rules framed by:

Choose an answer

Government

People

Different banks

All of the above

Alternation in cheque must be singed by.

Choose an answer

Payee

Debtor

Drawer

All of these

More Classes

Other Links

Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer