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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 9 Online Test MCQs With Answers
Question # 1
Amount of crossed cheque is recieved:
Choose an answer
From bank's counter
Issueing new cheque
From bank's manager
None of the above
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Question # 2
When cheque is cashed then its main foil is given to:
Choose an answer
Bank
Customer
Government
None of these
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Question # 3
Bank pays money at its counter for:
Choose an answer
Bearer cheque
Order cheque
Both (A) & (B)
Crossed cheque
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Question # 4
The person in whose favour the rights of recieving the amount of cheque transferred:
Choose an answer
Endorser
Payee
Endorsee
All of the above
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Question # 5
The bill whihc is payable on its presentation is called.
Choose an answer
Sight bill
Time bill
Trade bill
Accommodation bill
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Question # 6
Crossing of cheque is cancelled by
Choose an answer
Drawer
Drawee
Holder
All of the above
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Question # 7
If drawing of a cheque signs o its back for transferring the rights to another person is called
Choose an answer
Material change
Endorsement
Crossing
Acceptance
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Question # 8
In case of negotiable instruments, the rights can:
Choose an answer
Be tranferred
Not be transferred
Be conditionally transferred
All of the above
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Question # 9
Payment of sight bill is made on.
Choose an answer
Demad
Fixed period
Expiry
Presentation
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Question # 10
Official empowered by theGovt. attest the negotiable instruments by his seal.
Choose an answer
Gazette officer
Notary public
Public attorney
None ofthese
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Question # 11
Safest cheque for making payment is:
Choose an answer
Crossed cheque
Order cheque
Bearer cheque
All of the above
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Question # 12
The types of local or home trade are.
Choose an answer
Regail trade
Wholescale trade
Interport
Both a and b
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Question # 13
The person who draws the bill is called.
Choose an answer
Debtor
Drawee
Drawer
Acceptor
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Question # 14
Payee has no give his identification to bank for receiving the amount of:
Choose an answer
Bearer cheque
Order cheque
Blank cheque
Crossedcheque
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Question # 15
The person who accepts the bill of exchang is.
Choose an answer
Debtor
Drawer
Payee
None of these
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Question # 16
The bill of exchange who's tenor is more than three month is.
Choose an answer
Sight bill of exchange
Foreign bill exchnage
Long bill exchange
Short billof exchange
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