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

Payee has no give his identification to bank for receiving the amount of:

Question # 2

The type of Foreign or international trade are.

Question # 3

Bill of exchange doesn't involved trade dealing.

Question # 4

The person in whose favour the rights of recieving the amount of cheque transferred:

Question # 5

Term "or oreder" is written in order cheque after:

Question # 6

The types of local or home trade are.

Question # 7

Bank or incomplete bill is called.

Question # 8

The person who draws the bill is called.

Question # 9

The bill of exchange who's tenor is more than three month is.

Question # 10

The bill of exchange who's tenor is less than three month is.

Question # 11

The bill whihc is payable on its presentation is called.

Question # 12

On every cheque bank gets

Question # 13

Main parties in bill of exchang are.

Question # 14

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

Question # 15

Bill of exchange is written order whihc is always.

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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 In case of negotiable instruments, the rights can:
A. Be tranferred
B. Not be transferred
C. Be conditionally transferred
D. All of the above
2 The types of local or home trade are.
A. Regail trade
B. Wholescale trade
C. Interport
D. Both a and b
3 When cheque is cashed then its main foil is given to:
A. Bank
B. Customer
C. Government
D. None of these
4 Which type of a bill can be discounted form bank.
A. Sight bill
B. Time bill
C. Dishonored bill
D. Unaccepted bill
5 On every cheque bank gets
A. Profit
B. Commission
C. Tax
D. Duty
6 The person who accept the of billof excange on behalf of drawee is called.
A. Debtor
B. Payee
C. Drawee
D. Acceptor
7 Bill of exchange doesn't involved trade dealing.
A. Trade bill
B. Accommodation bill
C. Both a and b
D. None of these
8 The type of Foreign or international trade are.
A. Import
B. Export
C. Interport
D. All these
9 Drawer and Drawee belongs to two diffrent cities.
A. Inland bill
B.
Short bill
C. Long bill
D. Foreign bill
10 Crossing makes the cheque:
A. Unsafe
B. Unacceptable
C. Safe
D. Acceptable

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