12th Class ICom Part 2 Principles of Banking Chapter Wise Online MCQ Test with answers PDF English Medium

Principles of Banking Icom Part 2 English Medium Online Test

Sr. #	Questions	Answers Choice
1	Negotiable credit instrument do not include.	Bank draft Cheque Postal orders Treasury bill
2	The bank branch on whic the draft is drawn is.	Drawer Payee Drawee None of these
3	Drawee of bank draft is.	Creditor Debtor Issuing bank Paying bank
4	The draft which is drawn and paid in two different countries.	Inland draft Ordered draft Foreign draft Home draft
5	The draft whihc is drawn and paid intwo different countries.	Inland draft Ordered draft Foreign draft Home draft
6	An unconditional order of payment by one bank to another bank.	Bill of exchage Promissory note Draft None of these
7	The payment of draft is made on.	Sight Demand By psot Phone call
8	In case of bank draft the drawer is.	Debtor Creditor Bank Account holder
9	Bank draft is always in the form of.	Hand written Printed Stamp paper None of these
10	On issuance of bank draft bank gets.	Tax Commission Profit Duty
11	Written instrument by one bank to another bank.	Bill of exchange Draft Bearer cheque None of these
12	Bank draft is an order	Of court Conditional Unconditional Of government
13	Draft Drawn and paid in two differnet countries is called.	Foreign draft Demand draft Local draft None of these
14	Negoitable credit instruemnts includes	Bank darft Postal order I.O.U Money order
15	How many parties are involved in bank draft.	Four Three Two None of these