12th class Principle of Banking chapter 9 online mcq test with answers for ICom part 2 Principle of Banking Chapter 9 (Negotiable instruments (I))

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

Sr. #	Questions	Answers Choice
1	Safest cheque for making payment is:	Crossed cheque Order cheque Bearer cheque All of the above
2	Amount of crossed cheque is recieved:	From bank's counter Issueing new cheque From bank's manager None of the above
3	Bank pays money at its counter for:	Bearer cheque Order cheque Both (A) & (B) Crossed cheque
4	In case of non-negotiable instruments, the rights can:	Be tranferred Not be transferred Be conditionally transferred All of the above
5	In case of negotiable instruments, the rights can:	Be tranferred Not be transferred Be conditionally transferred All of the above
6	Person who recieves the amount of cheque from bank is called:	Drawee Payee Endorsee All of the above
7	Payee has no give his identification to bank for receiving the amount of:	Bearer cheque Order cheque Blank cheque Crossedcheque
8	When cheque is cashed then its main foil is given to:	Bank Customer Government None of these
9	Term "or oreder" is written in order cheque after:	Drawer's name Payee's name Customer's name Endorsee's name
10	Endorsment of a cheque is always:	Written Oral Written and registered All of the above
11	Crossing makes the cheque:	Unsafe Unacceptable Safe Acceptable
12	If drawer of cheque is a payee himself then what word is written after the word pay:	Order Bearer Self None of the above
13	Cheque is a written order of customer to:	keep the amount Transfer the amount Pay the amount Recieve the amount
14	Cheque is a written order drawn on	Endorsee Bank Customer All of the above
15	Term dishonoring of cheque is used when	Bank refuses to pay Bank stops the payments Bank delay the payments Bank gives cheque to clearing house

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