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

00:00
Question # 1

PTC are issued in place of

Question # 2

The currency unit of the capital of IDB is

Question # 3

Under Islamic modes of financing, lending includes

Question # 4

The purpose of using credit card is.

Question # 5

IDB provides finance to

Question # 6

A Modarba may by for

Question # 7

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

Question # 8

When was the process of Islamization of banking started in Pakistan

Question # 9

To meet the modern banking transactions Requirements SBP introduced.

Question # 10

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

Question # 11

Electronic banking transaction Ordinance is.

Question # 12

What is necessary to withdraw money through ATM.

Question # 13

The facilities provide d by ATM machine includes

Question # 14

The head office of IDB is in

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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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 To meet the modern banking transactions Requirements SBP introduced.
A. E- Banking
B. Islamic Banking
C. Office banking
D. All of these
3 The features of debit card, credit card and ATM card.
A. magnetic strip
B. Specific number
C. electronic ship
D. All of these
4 Qarz-Hasna is available for the studies of
A. Engineering
B. Agriculture
C. Commerce
D. All the above
5 The products of E-Banking are.
A. ATM cards
B. Credit cards
C. Debt cards
D. All of these
6 The advantages of E-Banking are.
A. Time saving
B. No need to carry cash
C. Facility of BACS
D. All of these
7 The currency unit of the capital of IDB is
A. Riyal
B. Dollar
C. Dinar
D. None of these
8 The charge or price for the use of money is called
A. Profit
B. Commission
C. Interest
D. Dividend
9 PTC are issued in place of
A. Shares
B. Debentures
C. Bonds
D. None of these
10 Electronic banking transaction Ordinance is.
A. 1974
B. 2002
C. 1984
D. 1962
11 Under Islamic modes of financing, lending includes
A. Service charges
B. Qarze-Hasna
C. Both a and b
D. None of the above
12 IDB was opened on
A. Oct. 1973
B. Oct. 1975
C. Oct. 1977
D. None of these

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