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	Account payee only in the transverse parallel line.	Bearer cheque Special crossing General crossing None of these
2	Alternation in cheque must be singed by.	Payee Debtor Drawer All of these
3	Crossing makes the cheque	Acceptable Dishonour Safe None of these
4	Cheque consists of future date is called.	Out date Post dated Anti dated None of these
5	The person in who's favor a cheque is endorsed is called.	Endorser Debtor Endorsee None of these
6	If the bank refuses to pay the amount of cheque.	Discounting Crossing Dishonoring None of these
7	Two transverse parallel lines on the face of cheque.	Crossingof cheque Dishnoring of cheque Endorsed of cheque Retirementof cheque
8	The numebr of parties in a cheque are.	Two Five Four Three
9	The cheque which cannot be cashed on the bank counter.	Bearer cheque Crossed cheque Order cheque Both bearer and order
10	Cheque is a credit instrument.	Partial negotiable Negotiable Non negotiable None of these
11	The types of credit instrument are.	Four Two three None of these
12	Negotiable credit instrument.	Control credit Stop credit Create credit None of these
13	Negotiable credit instruments does not includes.	Cheque ATM card Draft Promissory
14	Negotiable instruments are defined by Act.	1881 1857 1694 1935
15	The word credit has been derived from a latin word.	Credo Credere Creditor None of these