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	On every cheque bank gets	Profit Commission Tax Duty
2	What is written on the leaf of a cheque about customer	Name Address Telephone number Account number
3	Crossing which contains the name of a particular bank is called	Regular crossing Irregular crossing General crossing Special crossing
4	Honoured cheuqe is a cheque which is	Accepted by drawee for payment Accepted by payee Accepted by endorsee All of the above
5	Crossing of cheque is cancelled by	Drawer Drawee Holder All of the above
6	Cheque is always crossed by	Drawer Drawee Holder All of the above
7	Cheque signed by drawer without filling is called	Plain Blank Open Traveller's cheque
8	If drawing of a cheque signs o its back for transferring the rights to another person is called	Material change Endorsement Crossing Acceptance
9	A cheque which cannot be cashed at bank's counter	Bearer Order Crossed None of the above
10	Who is called a drawee of cheque	Payee Bank Customer Endorsee
11	Cheque is a credit instrument which is	Negotiable Conditionally negotiable Non negotiable None of the above
12	A cheque which can be cashed by its holder	Bearer Order Crossed Plain
13	Endorsee of cheque is a person	Who receives the amount of cheque In whose favour the rights of cheque are transferred On whom the cheque is drawn Who draws a cheque