12th class Principle of Banking chapter 8 online mcq test with answers for ICom part 2 Principle of Banking Chapter 8 (Bank Funds and their use)

Principles of Banking Icom Part 2 English Medium Chapter 8 Online Test

Sr. #	Questions	Answers Choice
1	On every cheque bank gets.	Tax Profit Duty Commission
2	Cheque is always payable on.	Phone call At sight After banking hour On demand
3	Parties involved in a cheque.	A/c holder Bank Payee All of these
4	Account payee only in the transverse parallel line.	Bearer cheque Special crossing General crossing None of these
5	Alternation in cheque must be singed by.	Payee Debtor Drawer All of these
6	Crossing makes the cheque	Acceptable Dishonour Safe None of these
7	Cheque consists of future date is called.	Out date Post dated Anti dated None of these
8	The person in who's favor a cheque is endorsed is called.	Endorser Debtor Endorsee None of these
9	If the bank refuses to pay the amount of cheque.	Discounting Crossing Dishonoring None of these
10	Two transverse parallel lines on the face of cheque.	Crossingof cheque Dishnoring of cheque Endorsed of cheque Retirementof cheque
11	The numebr of parties in a cheque are.	Two Five Four Three
12	The cheque which cannot be cashed on the bank counter.	Bearer cheque Crossed cheque Order cheque Both bearer and order
13	Cheque is a credit instrument.	Partial negotiable Negotiable Non negotiable None of these
14	The types of credit instrument are.	Four Two three None of these
15	Negotiable credit instrument.	Control credit Stop credit Create credit None of these