Principles of Banking Icom Part 2 English Medium Chapter 10 Online Test With Answers

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Principles of Banking Icom Part 2 English Medium Chapter 10 Online Test

Sr. # Questions Answers Choice
1 The main characteristics of bank draft. Written On demand Certain payment All of these
2 The main content sof bank draft. bank branch Payee Date All of these
3 Draft drawn and pid in two different parties int he same country is called. Foreign draft Demand draft Local draft None of these
4 The various kind of bank draft includes. Inland draft Crossed bank draft Foreign draft All of these
5 The draft having two transvers parallel lines on its face is called. Order bank draft Crossed bank draft Transvverse draft All of these
6 Bank draft onece issued can not be. Honored Dishonored sent Paid
7 The document which is used to transfer the deposit from one bank to another is. Bank draft Promissory note Biull of exchange All these
8 Negotiable credit instrument do not include. Bank draft Cheque Postal orders Treasury bill
9 The bank branch on whic the draft is drawn is. Drawer Payee Drawee None of these
10 Drawee of bank draft is. Creditor Debtor Issuing bank Paying bank
11 The draft which is drawn and paid in two different countries. Inland draft Ordered draft Foreign draft Home draft
12 The draft whihc is drawn and paid intwo different countries. Inland draft Ordered draft Foreign draft Home draft
13 An unconditional order of payment by one bank to another bank. Bill of exchage Promissory note Draft None of these
14 The payment of draft is made on. Sight Demand By psot Phone call
15 In case of bank draft the drawer is. Debtor Creditor Bank Account holder
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