12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 15 (Islamic Banking)

ICOM Part 2 English Medium Principles of Banking Chapter 15 MCQ's Test

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MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 15 Online Test"

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Principles of Banking Icom Part 2 English Medium Chapter 15 Online Test

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Question # 1

Under Islamic modes of financing, lending includes

Question # 2

Which of the following is not use to E-Banking .

Question # 3

The services provided by online banking includes.

Question # 4

Trade related Islamic modes of financing do not include

Question # 5

The facilities provide d by ATM machine includes

Question # 6

IDB provides finance to

Question # 7

What is necessary to withdraw money through ATM.

Question # 8

The features of debit card, credit card and ATM card.

Question # 9

The charge or price for the use of money is called

Question # 10

Riba is the word of following language

Question # 11

IDB was opened on

Question # 12

The merits of credit card.

Question # 13

The head office of IDB is in

Question # 14

Electronic banking transaction Ordinance is.

Question # 15

Who can issue participation term certificates

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ICOM Part 2 English Medium Principles of Banking Chapter 15 MCQ's Test

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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 The currency unit of the capital of IDB is
A. Riyal
B. Dollar
C. Dinar
D. None of these
2 Electronic banking transaction Ordinance is.
A. 1974
B. 2002
C. 1984
D. 1962
3 The charge or price for the use of money is called
A. Profit
B. Commission
C. Interest
D. Dividend
4 IDB was opened on
A. Oct. 1973
B. Oct. 1975
C. Oct. 1977
D. None of these
5 The advantages of E-Banking are.
A. Time saving
B. No need to carry cash
C. Facility of BACS
D. All of these
6 Trade related Islamic modes of financing do not include
A. Musharika
B. Mark up
C. Leasing
D. Hire-purchase
7 A Modarba may by for
A. Specific or multi purpose
B. Perpetual
C. Specific period
D. All the above
8 To meet the modern banking transactions Requirements SBP introduced.
A. E- Banking
B. Islamic Banking
C. Office banking
D. All of these
9 The products of E-Banking are.
A. ATM cards
B. Credit cards
C. Debt cards
D. All of these
10 Qarz-Hasna is available for the studies of
A. Engineering
B. Agriculture
C. Commerce
D. All the above

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