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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
Main parties in bill of exchang are.
Question # 2
Endorsment of a cheque is always:
Question # 3
A cheque which cannot be cashed at bank's counter
Question # 4
The person who accept the of billof excange on behalf of drawee is called.
Question # 5
What is written on the leaf of a cheque about customer
Question # 6
Three grace days are given to debtors for payment.
Question # 7
Term dishonoring of cheque is used when
Question # 8
Cheque signed by drawer without filling is called
Question # 9
A cheque which can be cashed by its holder
Question # 10
The bill of exchange who's tenor is more than three month is.
Question # 11
Cheque is a written order of customer to:
Question # 12
Who did print the cheque in specific form for the first time or firstly:
Question # 13
Payment of sight bill is made on.
Question # 14
The person is whose favor thebill is endorsed is.
Question # 15
Who is called a drawee of cheque
ICOM Part 2 English Medium Principles of Banking Chapter 9 MCQ's Test
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H Hassan Abid 22 - Jun - 2022 01 Min 42 Sec 15/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Cheque signed by drawer without filling is called |
A. Plain
B. Blank
C. Open
D. Traveller's cheque
|
| 2 | The bill of exchange who's tenor is less than three month is. |
A. Long bill of exchange
B. Foreign bill of exchange
C. Short bill of exchange
D. Sight bill of exchange
|
| 3 | 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
|
| 4 | Cheque is a credit instrument which is |
A. Negotiable
B. Conditionally negotiable
C. Non negotiable
D. None of the above
|
| 5 | Who can endorse the cheque: |
A. Holder of cheque
B. Drawer of cheque
C. Both A & B
D. None of these
|
| 6 | Which type of a bill can be discounted form bank. |
A. Sight bill
B. Time bill
C. Dishonored bill
D. Unaccepted bill
|
| 7 | A cheque which can be cashed by its holder |
A. Bearer
B. Order
C. Crossed
D. Plain
|
| 8 | Drawer and drawee belongs to same country. |
A. Domestic bill
B. Foregin bill
C. Trade bill
D. Accommodation bill
|
| 9 | The acceptance of bill with some conditionis called. |
A. Dishonor acceptance
B. Documentary acceptance
C. Qualified acceptance
D. General acceptance
|
| 10 | Payee has no give his identification to bank for receiving the amount of: |
A. Bearer cheque
B. Order cheque
C. Blank cheque
D. Crossedcheque
|
Test Questions
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