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	Person who recieves the amount of cheque from bank is called:	Drawee Payee Endorsee All of the above
2	Payee has no give his identification to bank for receiving the amount of:	Bearer cheque Order cheque Blank cheque Crossedcheque
3	When cheque is cashed then its main foil is given to:	Bank Customer Government None of these
4	Term "or oreder" is written in order cheque after:	Drawer's name Payee's name Customer's name Endorsee's name
5	Endorsment of a cheque is always:	Written Oral Written and registered All of the above
6	Crossing makes the cheque:	Unsafe Unacceptable Safe Acceptable
7	If drawer of cheque is a payee himself then what word is written after the word pay:	Order Bearer Self None of the above
8	Cheque is a written order of customer to:	keep the amount Transfer the amount Pay the amount Recieve the amount
9	The goods or items accepted as security for advancing loan should not be:	Durable Insured Under burden Liquid
10	In case of mortage, the property remains in the possession of:	Lender (creditors) Borrower (debtors) The government All of the above
11	The loans obtained for meeting the administrative expenses and purchase of raw material are:	Short term loans Medium Term lonas Long Term lonas All of the above
12	The commercial banks provide the following type of loan by discounting the B/E:	Short term Medium term Long term All of the above
13	The document which reveals the ownership of goods kept on port:	Bill of lading Dock warrant Delivery order Railway receipt
14	On which of the following amount of overcraft, bank receives interest:	Fix Total Used All of the above
15	Long term loan period is consisted of:	Days Months Years All of the above

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