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

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MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 9 Online Test"

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

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Question # 1

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

Question # 2

The types of local or home trade are.

Question # 3

Cheque signed by drawer without filling is called

Question # 4

Who can endorse the cheque:

Question # 5

A cheque which cannot be cashed at bank's counter

Question # 6

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

Question # 7

Crossing which contains the name of a particular bank is called

Question # 8

The person who draws the bill is called.

Question # 9

Who did print the cheque in specific form for the first time or firstly:

Question # 10

Inland sight bill of exchange is usually used in.

Question # 11

The person who accepts the bill of exchang is.

Question # 12

Endorsment of a cheque is always:

Question # 13

Person who recieves the amount of cheque from bank is called:

Question # 14

The type of Foreign or international trade are.

Question # 15

Endorsee of cheque is a person

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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 Endorsment of a cheque is always:
A. Written
B. Oral
C. Written and registered
D. All of the above
2 The type of Foreign or international trade are.
A. Import
B. Export
C. Interport
D. All these
3 Cheque signed by drawer without filling is called
A. Plain
B. Blank
C. Open
D. Traveller's cheque
4 If drawer of cheque is a payee himself then what word is written after the word pay:
A. Order
B. Bearer
C. Self
D. None of the above
5 Bill of exchange doesn't involved trade dealing.
A. Trade bill
B. Accommodation bill
C. Both a and b
D. None of these
6 Honoured cheuqe is a cheque which is
A. Accepted by drawee for payment
B. Accepted by payee
C. Accepted by endorsee
D. All of the above
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 Cheque is a written order drawn on
A. Endorsee
B. Bank
C. Customer
D. All of the above
9 The person who draws the bill is called.
A. Debtor
B. Drawee
C. Drawer
D. Acceptor
10 A cheque which cannot be cashed at bank's counter
A. Bearer
B. Order
C. Crossed
D. None of the above

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