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15th Chapter

12th Principles of Banking Chapter 15 Test

Here you can prepare 12th Class Principles of Banking Chapter 15 Islamic Banking Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 15 online mcq test with answers for ICom part 2 Principle of Banking Chapter 15 (Islamic Banking)

This online test contains MCQs about following topics:

. Concept on Riba and interest . Pakistan and islamic banking . Interest free modes of financing . Islamic development bank

ICOM Part 2 Banking Ch 15 Test
ic

12th class Principle of Banking chapter 15 online mcq test with answers for ICom part 2 Principle of Banking Chapter 15 (Islamic Banking)

Sr. # Questions Answers Choice
1 The advantages of E-Banking are.
  • A. Time saving
  • B. No need to carry cash
  • C. Facility of BACS
  • D. All of these
2 The products of E-Banking are.
  • A. ATM cards
  • B. Credit cards
  • C. Debt cards
  • D. All of these
3 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.
4 A Modarba may by for
  • A. Specific or multi purpose
  • B. Perpetual
  • C. Specific period
  • D. All the above
5 The merits of credit card.
  • A. Easy payment
  • B. Proof of payment
  • C. Loan Facility
  • D. All of these
6 Who can issue participation term certificates
  • A. Firm
  • B. Company
  • C. Cooperative society
  • D. All the above
7 The charge or price for the use of money is called
  • A. Profit
  • B. Commission
  • C. Interest
  • D. Dividend
8 The purpose of using credit card is.
  • A. Purchase goods and services
  • B. Deposit cheque
  • C. Withdraw money
  • D. Deposit cash
9 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
10 IDB provides finance to
  • A. All countries
  • B. Asian countries
  • C. Europian countries
  • D. Member Muslim Countries

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 15 Online Test

A

Aisha Imtiaz

Lahore02 - Mar - 2024

12/15
03 Mins 06 Sec
D

Domanto Sports

Lahore04 - May - 2024

10/15
01 Mins 46 Sec

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