| 1 |
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
|
| 2 |
Bank or incomplete bill is called. |
- A. Foreign bill
- B. Local bill
- C. Short bill
- D. Dishonored bill
|
| 3 |
Crossing which contains the name of a particular bank is called |
- A. Regular crossing
- B. Irregular crossing
- C. General crossing
- D. Special crossing
|
| 4 |
Amount of crossed cheque is recieved: |
- A. From bank's counter
- B. Issueing new cheque
- C. From bank's manager
- D. None of the above
|
| 5 |
Drawer and Drawee belongs to two diffrent cities. |
- A. Inland bill
- B. <hr id="null">Short bill<hr id="null">
- C. Long bill
- D. Foreign bill
|
| 6 |
Collateral parties in bill of exchange are. |
- A. Acceptor
- B. Endorser
- C. Endorsee
- D. All these
|
| 7 |
The type of Foreign or international trade are. |
- A. <sup>Import</sup>
- B. Export
- C. Interport
- D. All these
|
| 8 |
The bill of exchange who's tenor is more than three month is. |
- A. Sight bill of exchange
- B. Foreign bill exchnage
- C. Long bill exchange
- D. Short billof exchange
|
| 9 |
Cheque is a written order drawn on |
- A. Endorsee
- B. Bank
- C. Customer
- D. All of the above
|
| 10 |
Cheque is a written order of customer to: |
- A. keep the amount
- B. Transfer the amount
- C. Pay the amount
- D. Recieve the amount
|
