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

PTC are issued in place of

Question # 2

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

Question # 3

A Modarba may by for

Question # 4

The services provided by online banking includes.

Question # 5

Under Islamic modes of financing, lending includes

Question # 6

What is necessary to withdraw money through ATM.

Question # 7

The purpose of using credit card is.

Question # 8

To meet the modern banking transactions Requirements SBP introduced.

Question # 9

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

Question # 10

The products of E-Banking are.

Question # 11

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

Question # 12

When was the process of Islamization of banking started in Pakistan

Question # 13

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

Question # 14

The head office of IDB is in

Question # 15

The charge or price for the use of money is called

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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 A Modarba may by for
A. Specific or multi purpose
B. Perpetual
C. Specific period
D. All the above
2 Riba is the word of following language
A. Urdu
B. Arabic
C. English
D. French
3 The merits of credit card.
A. Easy payment
B. Proof of payment
C. Loan Facility
D. All of these
4 The purpose of using credit card is.
A. Purchase goods and services
B. Deposit cheque
C. Withdraw money
D. Deposit cash
5 The features of debit card, credit card and ATM card.
A. magnetic strip
B. Specific number
C. electronic ship
D. All of these
6 The services provided by online banking includes.
A. Depositing money
B. Transfer money
C. With draw money
D. All of these
7 Who can issue participation term certificates
A. Firm
B. Company
C. Cooperative society
D. All the above
8 In Pakistan, the interest free modes of financing have been divided into
A. Two groups
B. Three groups
C. Four groups
D. None of these
9 The head office of IDB is in
A. Jeddah
B. Islamabad
C. Tehran
D. Dubai
10 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.

Test Questions

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