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

The purpose of using credit card is.

Question # 2

The merits of credit card.

Question # 3

IDB was opened on

Question # 4

IDB provides finance to

Question # 5

Trade related Islamic modes of financing do not include

Question # 6

The advantages of E-Banking are.

Question # 7

A Modarba may by for

Question # 8

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

Question # 9

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

Question # 10

Electronic banking transaction Ordinance is.

Question # 11

PTC are issued in place of

Question # 12

What is necessary to withdraw money through ATM.

Question # 13

The head office of IDB is in

Question # 14

When was the process of Islamization of banking started in Pakistan

Question # 15

The features of debit card, credit card and ATM 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 services provided by online banking includes.
A. Depositing money
B. Transfer money
C. With draw money
D. All of these
2 The merits of credit card.
A. Easy payment
B. Proof of payment
C. Loan Facility
D. All of these
3 Qarz-Hasna is available for the studies of
A. Engineering
B. Agriculture
C. Commerce
D. All the above
4 What is necessary to withdraw money through ATM.
A. ATM card
B. PIN number
C. ATM terminal
D. All of these
5 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
6 To meet the modern banking transactions Requirements SBP introduced.
A. E- Banking
B. Islamic Banking
C. Office banking
D. All of these
7 The advantages of E-Banking are.
A. Time saving
B. No need to carry cash
C. Facility of BACS
D. All of these
8 The purpose of using credit card is.
A. Purchase goods and services
B. Deposit cheque
C. Withdraw money
D. Deposit cash
9 Under Islamic modes of financing, lending includes
A. Service charges
B. Qarze-Hasna
C. Both a and b
D. None of the above
10 Who can issue participation term certificates
A. Firm
B. Company
C. Cooperative society
D. All the above

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