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

The purpose of using credit card is.

Question # 2

In Pakistan, the interest free modes of financing have been divided into

Question # 3

PTC are issued in place of

Question # 4

The merits of credit card.

Question # 5

The head office of IDB is in

Question # 6

Riba is the word of following language

Question # 7

The charge or price for the use of money is called

Question # 8

What is necessary to withdraw money through ATM.

Question # 9

The currency unit of the capital of IDB is

Question # 10

When was the process of Islamization of banking started in Pakistan

Question # 11

The Islamic ideology council presents its formal report for Islamic banking in

Question # 12

Who can issue participation term certificates

Question # 13

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

Question # 14

Qarz-Hasna is available for the studies of

Question # 15

A Modarba may by for

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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 In Pakistan "ATM' was first of an introduced Ltd.
A. Habib Bnak Ltd.
B. Allied Bank Ltd.
C. Muslim Commercial Bank Ltd.
D. National Bank of Pakistan.
2 The facilities provide d by ATM machine includes
A. Mini Statement
B. Transfer funds
C. Balace inquiry
D. All of these
3 IDB was opened on
A. Oct. 1973
B. Oct. 1975
C. Oct. 1977
D. None of these
4 The advantages of E-Banking are.
A. Time saving
B. No need to carry cash
C. Facility of BACS
D. All of these
5 The currency unit of the capital of IDB is
A. Riyal
B. Dollar
C. Dinar
D. None of these
6 Which of the following is not use to E-Banking .
A. ATM card
B. Credit card
C. Cheque
D. Debit cards
7 IDB provides finance to
A. All countries
B. Asian countries
C. Europian countries
D. Member Muslim Countries
8 The head office of IDB is in
A. Jeddah
B. Islamabad
C. Tehran
D. Dubai
9 Riba is the word of following language
A. Urdu
B. Arabic
C. English
D. French
10 Who can issue participation term certificates
A. Firm
B. Company
C. Cooperative society
D. All the above

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