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

In Pakistan "ATM' was first of an introduced Ltd.

Question # 2

Riba is the word of following language

Question # 3

The charge or price for the use of money is called

Question # 4

To meet the modern banking transactions Requirements SBP introduced.

Question # 5

The facilities provide d by ATM machine includes

Question # 6

IDB provides finance to

Question # 7

PTC are issued in place of

Question # 8

Who can issue participation term certificates

Question # 9

The services provided by online banking includes.

Question # 10

Under Islamic modes of financing, lending includes

Question # 11

What is necessary to withdraw money through ATM.

Question # 12

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

Question # 13

Qarz-Hasna is available for the studies of

Question # 14

The purpose of using credit card is.

Question # 15

The merits of credit card.

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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 Islamic ideology council presents its formal report for Islamic banking in
A. June, 1978
B. June, 1979
C. June, 1980
D. None of these
2 A Modarba may by for
A. Specific or multi purpose
B. Perpetual
C. Specific period
D. All the above
3 When was the process of Islamization of banking started in Pakistan
A. 1977
B. 1980
C. 1982
D. 1982
4 What is necessary to withdraw money through ATM.
A. ATM card
B. PIN number
C. ATM terminal
D. All of these
5 Trade related Islamic modes of financing do not include
A. Musharika
B. Mark up
C. Leasing
D. Hire-purchase
6 The head office of IDB is in
A. Jeddah
B. Islamabad
C. Tehran
D. Dubai
7 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.
8 The services provided by online banking includes.
A. Depositing money
B. Transfer money
C. With draw money
D. All of these
9 The facilities provide d by ATM machine includes
A. Mini Statement
B. Transfer funds
C. Balace inquiry
D. All of these
10 Under Islamic modes of financing, lending includes
A. Service charges
B. Qarze-Hasna
C. Both a and b
D. None of the above

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